Tag Archive: Payment Shock

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HELOC Shock Heat Map

A RealtyTrac analysis of open Home Equity Lines of Credit orginated during the housing bubble years of 2005 to 2008 shows that there are nearly 3.3 million HELOCs scheduled to reset at fully amortizing monthly mortgage payments between 2015 and… Read More »

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56 Percent of 3.3 Million HELOCs Scheduled to Reset With Higher Rates in Next Four Years Are on Underwater Homes

Estimated Balance of Resetting HELOCs at $158 Billion, $88 Billion on Underwater Homes; Average Payment Increase of $146 a Month; California, Florida, Illinois with Most Resets¬† IRVINE, Calif. – March 5, 2015¬†— RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive… Read More »

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