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Home Equity Line of Credit and Home Equity Loans: ‘Right Tool at the Right Time’
USA Today, Nov. 9, 2022–Swapna Venugopal Ramaswamy
Homebuyers are sitting on an estimated $20 trillion worth of home equity, boosting the the demand for home equity lines of credit and home equity loans. This is both good and bad for the housing industry, says Jeff Taylor, founder and managing director at MphasisDigital Risk and board member at the Mortgage Bankers Association.
https://www.usatoday.com/story/money/2022/11/10/home-equity-line-credit-applications-surged/7999537001/