Home equity hits all time high, but Americans aren’t tapping it

American homeowners have a record amount of wealth in their homes they can tap, but few of them are. 

Total home equity in the U.S. rose to its highest level ever at $6.5 trillion in the first quarter before the coronavirus pandemic took hold, according to Black Knight, a loan research and analytics firm, up from $6.2 trillion at the end of 2019.

Read more: Coronavirus: What if you can’t pay your mortgage?

But the share of cash-out refinances, which unlock that wealth, fell to a four-year low. As of June, there were no indications that cash-out refinances were on the rise, Black Knight found, even as the pandemic continues to financially strain many U.S. households.

Why homeowners aren’t tapping their equity is twofold, experts said. Homeowners are reluctant to drain that wealth, while banks are reticent to lend to riskier borrowers in such uncertain economic times.

It’s

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If Chore Equity Is The Goal, Then We Can’t Micromanage Our Spouse (AKA Stop Micromanaging Your Spouse Already)

Let me just start by saying that there is a right and a less-right way to do the laundry. As long as the clothes are clean, there can’t really be a “wrong” way, right? But there is most definitely a less-right way, and it all comes down to folding.

I fold the laundry the right way. My husband folds laundry the less-right way. But you know what? Whenever he does the laundry, I am learning to zip it about the less-right way because you know what’s worse than laundry that is folded the less-right way? Laundry that you have to do yourself.

The other week, my husband returned from his weekly grocery shopping (or bi-monthly, now that we’re in quarantine and the grocery store feels like it’s teeming with germs) and I may have greeted him with some sighs and more than a few “recommendations” about how

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