HELOC borrowers increasingly likely to shop for alternative funding

HELOC borrowers increasingly likely to shop for alternative funding
HELOC volume has been limp in the last year despite rising equity levels thanks to rising interest rates and new tax laws, and now HELOC providers are facing increased competition from alternative lenders. A recent survey by J.D. Power revealed that homeowners are researching their options, looking into alternative funding sources before selecting a HELOC.
Source: https://www.housingwire.com/rss

Leave a Reply

Your email address will not be published. Required fields are marked *