Despite Upticks in Home Equity, HELOCs Hit Record Low
The Mortgage Reports, Nov. 19, 2019–Aly J. Yale
A study from the Mortgage Bankers Association shows overall demand from HELOC is down, largely due to confusion around its tax deductibility. The study also says “changing borrower sentiment” is to blame.
https://themortgagereports.com/58460/despite-upticks-in-home-equity-helocs-hit-record-low