#debt-consolidation
#debt-consolidation
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fromwww.housingwire.com
2 weeks agoHomeLight survey: Loan officers report surge in debt consolidation HELOCs
Debt consolidation has emerged as the dominant driver of home equity borrowing and a key theme that loan officers reported 81% of loan officers told HomeLight that they've seen a spike in homeowners borrowing against their equity, with 29% qualifying this as a significant increase and 52% calling it a slight increase. In 2025, 87% of loan officers told HomeLight that debt consolidation was the main reason borrowers accessed their equity through home equity lines of credit (HELOCs).
Real estate
Bootstrapping
from24/7 Wall St.
4 months agoThe Elite's Legal Blueprint for Paying Off Debt (Step-by-Step)
Setting financial goals and budgets can help manage debt effectively.
Debt consolidation through personal loans offers simplification and cost reduction for repayment.
Understanding your net worth is essential in assessing financial health.
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