AP Spotlight Homeowners turn to cash-out refinancing to take advantage of big gains in home equity ALEX VEIGA Associated Press Aug 17, 2025 Aug 17, 2025 Updated 5 hrs ago 0 Prefer us on Google Learn More Facebook Twitter WhatsApp SMS Email Print Copy article link Save Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated.kAm%96 EC6?5 D6?E 42D9\@FE 9@>6 C67:?2?4:?8 24E:G:EJ E@ 2 ?62C=J E9C66\J62C 9:89 :? E96 pAC:=\yF?6 BF2CE6C[ 244@C5:?8 E@ 52E2 7C@> 9@>6 =@2? 52E2 EC24<6C xrt |@CE8286 %649?@=@8J]k^AmkAmx? 2 42D9\@FE C67:?2?46[ 2 9@>6@H?6C E2<6D @FE 2 =@2? 7@C >@C6 E92? E96J @H6 @? E96:C >@CE8286 2?5 E96? A@4<6ED E96 5:776C6?46] %96 7F?5D 2C6 @7E6? FD65 E@ 4@?D@=:52E6 563E[ 7:?2?46 9@>6 :>AC@G6>6?E AC@;64ED 2?5 A2J 7@C 3:8\E:4<6E AFC492D6D]k^Am kAm%96 2G6C286 42D9\@FE C67:?2?46 :? E96 D64@?5 BF2CE6C C6DF=E65 :? 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E96:C 9@>6 =@2? 3J `]cd A6C46?E286 A@:?ED[ 244@C5:?8 E@ E96 C6A@CE]k^Am People are also reading… Concord, Kannapolis, Harrisburg enact mandatory water restrictions starting May 15 Friday Five: Historic clock, dinosaurs, music and war on litter Cabarrus County launches online tool to expand access to social services A New Home: Cabarrus Sports Hall of Fame display unveiled at arena Cabarrus Sheriff's Office nabs nearly 80 lbs. of meth in traffic stop Afton Ridge Library adds podcast equipment for public use Trump says federal gasoline tax to be reduced 'till it's appropriate' Cabarrus seeks public input on possible 2026 school bond referendum 'If All the Sky Were Paper': More than a performance Cabarrus Calendar Kannapolis Farmers Market opens Thursday 'Don Colossus' statue of Trump not a 'golden calf,' pastor insists Cabarrus Calendar $2M gift boosts heart, cancer care at Atrium Health Kannapolis manager presents $134.2 million budget proposal kAm%@ BF2=:7J 7@C 2 42D9\@FE C67:?2?46[ 9@>6@H?6CD >FDE 92G6 2E =62DE a_T 9@>6 6BF:EJ[ 92G6 @H?65 E96 9@>6 7@C 2E =62DE D:I >@?E9D 2?5 92G6 2E =62DE 2 ea_ 4C65:E D4@C6[ 2>@?8 @E96C 4C:E6C:2] q@CC@H6CD H9@ 8@E 2 42D9\@FE C67:?2?46 :? 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E96:C 9@>6D 2C6 H@CE9[ xrt D2:5]k^Am Nation & World The vast majority of US adults are stressed about grocery costs, poll finds CORA LEWIS and LINLEY SANDERS Associated Press Parenting What to know if you're at risk of having your wages garnished over student loan debt CORA LEWIS Associated Press Faith Millionaires multiply across the US, but most find it's not all mansions and Champagne MATT SEDENSKY Associated Press 0 Comments The business news you need Get the latest local business news delivered FREE to your inbox weekly. Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story Trump administration releases list of 68 jobs covered by ‘no tax on tips.’ Do you qualify? Here’s a look at the 68 jobs covered by “no tax on tips,” which the Treasury Department breaks down into eight distinct categories. 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Nation & World The vast majority of US adults are stressed about grocery costs, poll finds CORA LEWIS and LINLEY SANDERS Associated Press
Parenting What to know if you're at risk of having your wages garnished over student loan debt CORA LEWIS Associated Press
Faith Millionaires multiply across the US, but most find it's not all mansions and Champagne MATT SEDENSKY Associated Press
Trump administration releases list of 68 jobs covered by ‘no tax on tips.’ Do you qualify? Here’s a look at the 68 jobs covered by “no tax on tips,” which the Treasury Department breaks down into eight distinct categories.
How the Fed's rate cut impacts mortgage rates Hoping that mortgage rates will keep dropping following the Federal Reserve's first rate cut since last year? Don't bank on it.
