home equity loans

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Homeowners have record equity and won’t touch it. Loan data explains why  

Jun 04, 2026By

Homeowners with locked-in low mortgage rates are refusing to tap their record equity through high-rate HELOCs, opting instead for point-of-sale installment loans for necessary renovations. This shift is transforming the home improvement industry, forcing contractors to sell based on predictable monthly payments that fit squeezed household budgets.

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