President Donald Trump said during a Cabinet meeting that he wants to 'drive housing prices up' to keep homeowners 'wealthy' rather than focusing on affordability to benefit people people who 'didn't work very hard'
Go ahead, vote MAGA in the midterms if you’re curious how fucked your life can get.
I’ve never bothered myself. Not enough equity gained in my house and still too much mortgage to pay off. But I know my neighbors have had success with the process, as have my parents.
Absolutely the biggest scam ever.
My parents bought their house for $159,000 in the late 90s.
They are still in that house. Guess how much is left on their mortgage balance? $350,000.
Why? Because of cash out refinances and HELOCs.
They should be retiring soon but they’re not, because people like you said these equity loans are good.
They’re not. These are terrible ideas. Do not EVER take out the equity of your home.
Woof, that sucks. I’m sorry to hear that.
I’ve never bothered myself. Not enough equity gained in my house and still too much mortgage to pay off. But I know my neighbors have had success with the process, as have my parents.