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Real estate
Why HELOCs are growing more popular
The past few years in the housing industry have been nothing short of unprecedented.In 2020 and 2021, many homeowners refinanced, locking in historically low 30-year fixed rate mortgages.And now, with the impact of inflation and looming economic uncertainty, home equity lines of credit (HELOCs) are an increasingly popular choice for those who are considering tapping into their home's rising equity while protecting their existing, low mortgage rates.
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