What if I told you American’s were sitting on an insane record amount of home equity

What if I told you American’s were sitting on an insane record amount of home equity. If I told you $1 Million dollars (said in the voice of Dr. Evil) you’ve be way off. What about $1 Billion dollars? Nope, not even close. How about $30 Trillion dollars in home equity?!?! Do I have your attention now? Good, because thanks to skyrocketing housing prices Americans have an unprecedented amount of equity they can tap into thanks to HELOCs, or home equity line of credit for those of you who are still renting. 

‘House-rich’ Americans are sitting on nearly $30 trillion in home equity. Here’s how to tap it