According to CoreLogic, in the first quarter of 2024, homeowners across the U.S. saw a remarkable surge in their equity, gaining an impressive $28,000 on average. According to CoreLogic, total home equity skyrocketed to an astounding $33.8 trillion by May 2024—up from just $19.5 trillion in 2019, marking a staggering 73% increase. With the first mortgage market in a state of flux, the competition for consumers’ home equity business has reached unprecedented levels.

This sets the stage for an exhilarating showdown: Who will emerge victorious in the home equity battle?

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