Thanks to rising home prices, homeowners are tapping into equity at the fastest rate in eight years. And Millennials are leading the pack of those who are cashing in.
- 39.5 Million Homeowners with “Tappable” Home Equity in 2016
- 1/3 of Millennials say they’re Considering Applying for a HELOC in the Next 18 months
Millennials are turning to HELOCS more so than Gen X or Baby Boomers. Why are HELOCS popular with this crowd?
- Home Remodeling
- Debt Consolidation