Equity-Rich and Rate-Locked: The HELOC Era is Here - EP 154
In this episode of the REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi dig into First American Data & Analytics’ inaugural Accessible Home Equity & Mortgage Rate Lock-In Trends Report. The conversation explores the conundrum many homeowners face: they’re equity rich, but rate locked-in, so how do they access that equity without giving up a pandemic-era low mortgage rate. HELOCs and other home equity borrowing options are attracting more interest, but today’s uptick in home equity borrowing looks very different from the run-up to the Global Financial…
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