Basis Point contributor Julian Hebron was quoted on San Francisco Real Estate blog SocketSite regarding the wave of HELOC freezes gripping the nation. Great headline on their part too: “When
Hell HELOCs Freeze Over”
SocketSite was sourcing Hebron’s original HELOC freeze tips posted on this site. His piece discusses what to do if you’re considering using a HELOC this year. Don’t wait until it’s too late and you can’t draw your own equity. This is real and insiders project that HELOC freezes will spread.