HELOC activity on the rise

July 31, 2014 by Carrie Janot

According to the latest Experian-Oliver Wyman Market Intelligence Report, home equity line of credit (HELOC) originations warmed up significantly heading into summer. After two consecutive quarters of decline, HELOC originations came in at $35.2 billion in Q2 2014, a 38 percent increase over the previous quarter and a 27 percent increase over last year.

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