If you've been eyeing any renovation projects, consider taking advantage of the equity you've accumulated in your home.
No need to move when you can improve. Today's comparatively elevated mortgage rates may make homeowners who hold low-rate mortgages reluctant to give them up — even if they want more living space or an updated interior. If you're equity-rich in a home with a low rate, making the most of your home's equity to finance an addition or a kitchen remodel may be your best option.
Ready to turn your house into the home of your dreams? Trust the experts at National Iron Bank to help you tap your home's equity today. Click here to learn more!
Source: Black Knight Data First Quarter 2023
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