What to Do When a Home-Equity Line of Credit Comes Due
Wall Street Journal, Mar. 1, 2017–Robyn A. Friedman (subscription)
Many homeowners took out home-equity lines of credit during the housing boom, when property values soared. Now the typical 10-year term on these loans is expiring, and many people will be surprised that their monthly payments are about to go up-some, substantially.
