Homeowners Flock to Cash-Out Refis Thanks to Equity Boom
Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated, and have taken out billions of dollars in loans in Massachusetts alone.
With Refis Pricey, HELOCs Kept Customers Satisfied
by James Sanna | Jun 2, 2024
Prospective home sellers felt trapped in 2023, but watched their equity hit record levels. That made renovations funded by home equity loan products an attractive option – something Massachusetts’ top loan originators were happy to offer.
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