MuskyMelon@lemmy.world to politics @lemmy.world · 3 months agoTrump Says He Wants to 'Drive Housing Prices Up' Instead of Lowering Costs for People Who 'Didn't Work Very Hard'people.comexternal-linkmessage-square158linkfedilinkarrow-up1701arrow-down17file-text
arrow-up1694arrow-down1external-linkTrump Says He Wants to 'Drive Housing Prices Up' Instead of Lowering Costs for People Who 'Didn't Work Very Hard'people.comMuskyMelon@lemmy.world to politics @lemmy.world · 3 months agomessage-square158linkfedilinkfile-text
minus-squareJasonDJ@lemmy.ziplinkfedilinkarrow-up5arrow-down1·3 months agoThere is a use case for house values going up without selling the house…kinda. HELOCs are a great option for low interest credit, using your house’s equity for collateral. Higher value = more equity = more collateral = higher credit line.
There is a use case for house values going up without selling the house…kinda.
HELOCs are a great option for low interest credit, using your house’s equity for collateral. Higher value = more equity = more collateral = higher credit line.