Friday 29 June 2018

Booming home equity: Financial opportunity or warning sign?

If you’ve got it, don’t piggybank it — borrow against it. That seems to be the prevailing sentiment among tens of thousands of American homeowners who’ve seen their property values surge and then decided: Hey, we’ve got a ton of equity sitting here, let’s do something with it. According to the latest estimates from real estate analytics firm ATTOM Data Solutions, 347,875 new home-equity lines of credit (HELOCs) were taken out during the first quarter […]



source https://therealdeal.com/2018/06/29/booming-home-equity-financial-opportunity-or-warning-sign/

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