Home / Tag Archives: Home Equity Line of Credit

Tag Archives: Home Equity Line of Credit

HELOC Rates Could Jump 75 Basis Points in 2018

For borrowers hoping to secure a home equity line of credit (HELOC) in 2018, sooner rather than later would be the best approach according to a new 2018 forecast by Bankrate. With the Fed recently increasing interest rates, Bankrate predicts ...

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TransUnion: HELOCS to Spike 30 Percent in 2017

New data released on Tuesday has projected this year’s numbers for consumers opening new home equity lines of credit. Read on to find out what trends the data reports— and see what characteristics consumers who pursue HELOCs share.

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Credit Standards Stay Put for Prime Mortgage Products

According to the Federal Reserve’s Senior Loan Officer Opinion Survey, released Monday, 14.3 percent of bank respondents reported tightening their credit standards on prime residential mortgages “somewhat,” just slightly higher than the 12.9 percent that eased standards somewhat. The vast majority—72.9 percent—said standards “remained basically unchanged.”

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