Analyst predicts weak year for HELOCs

Analyst predicts weak year for HELOCs
Many predict the Federal Reserve will raise interest rates in the year ahead, and this means HELOC borrowers can expect their loan payments to creep upward. Bankrate.com’s Chief Financial Analyst Greg McBride predicts many HELOC borrowers will see their rates increase by 50 basis points this year.
Source: https://www.housingwire.com/rss