MuskyMelon@lemmy.world to politics @lemmy.world · 9 days agoTrump Says He Wants to 'Drive Housing Prices Up' Instead of Lowering Costs for People Who 'Didn't Work Very Hard'people.comexternal-linkmessage-square160fedilinkarrow-up1614arrow-down17file-text
arrow-up1607arrow-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 · 9 days agomessage-square160fedilinkfile-text
minus-squareJasonDJ@lemmy.ziplinkfedilinkarrow-up3arrow-down1·9 days 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.