HELOC Insights
The conversation highlights the current challenges surrounding home equity lines of credit (HELOCs) as lending standards tighten and banks express caution. With interest rates dropping, it's crucial for potential borrowers to shop around and compare offers, especially from local credit unions. Those already holding a HELOC might benefit from paying down the principal to eliminate debt, as the psychological weight of additional loans can be unsettling.In this clip
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Falling Interest Rates & Real Estate Investing in the Covid Era #210
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