Younger Homeowners More Likely to Be HELOC Borrowers
National Mortgage News, Apr. 4, 2017–Brad Finkelstein (subscription)
Over the next 18 months, 35% of the millennials responding said they would consider applying for a HELOC versus 15% of Gen-Xers and 4% of baby boomers, a survey of over 1,350 U.S. homeowners conducted for TD Bank found.
