U.S. Homeowners Hold $11.5 Trillion in Tappable Equity

In Q2 2026, U.S. homeowners have a collective $11.5 trillion in tappable home equity, according to Cotality. Total equity for mortgage borrowers is $17.9 trillion, averaging $310,000 per homeowner, up by $6,000 from the previous quarter. Although second mortgages or home equity lines of credit (HELOCs) increased by nearly 20% compared to Q1, this still represents less than 0.1% of the total tappable equity available. This situation indicates that despite rising home prices, many homeowners are hesitant to utilize their equity due to low existing mortgage rates and concerns about the economy, which could impact future consumer spending.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.