• ICE June 2026 Mortgage Monitor flagged Q1 home equity withdrawals up 2% y/y, the highest first-quarter level since 2021.
• Second-lien lending hit an 18-year first-quarter high; 54% of equity extraction came via second liens as borrowers avoided refinancing low-rate first mortgages.
• Average second-lien HELOC rates fell to 6.6% in March, the lowest since late 2022; $50,000 draws implied about a $275 monthly payment.
• Affordability gains eased as mortgage rates rose about 50 basis points since February; buyers still had about 3% more purchasing power than a year ago.
• Home price growth broadened in May, with nearly 70% of major markets posting annual gains; almost 90% showed seasonally adjusted monthly increases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICE - Intercontinental Exchange Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260608471129) on June 08, 2026, and is solely responsible for the information contained therein.