09/09/2026
➡️ Nearly 1 out of every 2 Americans are carrying monthly credit card debt.
➡️ 41.1% of mortgaged homes are “equity rich”, meaning the homeowner owes less than half of what the home is worth!
➡️ Over 62.2% of American homeowners have equity in their home, with the median home equity sitting at $198,000!
If you own a home and you’re carrying debt each month that’s making your finances tight, it may actually make more sense to give up your low mortgage interest rate and refinance to pay off all your debt! It can save you more than you think!
📲 Call or DM me and let’s talk!
Carmen Babb
NMLS 419088
Fairway Home Mortgage
Licensed in Oregon and Washington
