THE BASIS POINT

When HELOCs Freeze Over

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.