From Clark Howard Show Notes:
For the first time since the real estate bubble, your ability to borrow against the value of your home is returning.
This is significant because over the last five years, there was almost no home equity line of credit (HELOC) activity and almost no second mortgage activity.
But now we have the highest equity on homes that we've had for years in the United States. So lenders want back into that game!
This should also help savers a little if banks start lending more. This will give them a reason to want more deposits.