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Shadow Hovers Over HELOCs

Many lenders are not sure how consumers will react when the implications of the new tax law sink in.

By Jim DuPlessis | Updated on February 02, 2018

Lenders and economists said the new tax law shouldn’t affect most consumers’ decisions about buying a home or borrowing against their equity in one, even though the tax benefits will disappear for many.

But the gulf between what ought to be and what is in consumers’ minds has spawned entire categories of professions, and many lenders are not sure how consumers will react when the implications of the new law sink in.

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Jim DuPlessis

Jim DuPlessis

A journalist for decades.

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