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As economic concerns mount, home equity lending is viewed more favorably

Nearly 30% of U.S. homeowners would consider tapping their home equity via products like a home equity line of credit (HELOC) due to ongoing concerns about the economic climate, stemming from a rise in volatility and uncertainty over the past three years.

This comes from survey data collected by MeridianLink, a software vendor for the financial services and consumer reporting industries.

The survey consisted of 1,500 homeowners and offers “a comparative view of how homeowner sentiment has shifted over time,” the company explained. For example, in 2022, 21% of details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com