Average HELOC Balances up 2.7% in 2023
Experian analyzed U.S. consumer credit data to find recent trends in the home financing market. Here are the HELOC trends to look for in 2024.
Source: experian.com
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With property values strong in 2023, many homeowners tapped home equity lines of credit, pushing total HELOC balances up 6.6%
Experian looked at recent trends in the HELOC and home financing market in 2023.
Source: aol.com