HELOC borrowers could soon find their payments increase



Homeowners who have home equity lines of credit, called HELOCs, could be in for a nasty shock when their monthly payments increase suddenly.

Impending HELOC rates reset causes concern



Millions of home equity lines of credit that were popular between 2005 and 2008 are scheduled to reset to higher interest rates soon, which could put many borrowers at risk.

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