Money

Home equity loans vs HELOCs: Both are seeing big growth. What that means.

Swapna Venugopal Ramaswamy, USA TODAY Comments Off on Home equity loans vs HELOCs: Both are seeing big growth. What that means.

HELOCs were up 41% year-over-year in the third quarter of 2022, while home equity loan originations grew 47% year-over-year in 2022.

     
Swapna Venugopal Ramaswamy, USA TODAY
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