Home equity is the bright gem of the housing market
Housing Wire
MARCH 10, 2023
Closed fixed-rate second-lien [home-equity] loans have been up the least in terms of volume, Toohig said, with HELOCs leading the charge — along with unsecured personal loans used for home improvement. (A Unlike fixed-rate, lump-sum second-lien home-equity loans — HELOCs normally carry variable interest rates.
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