The Pitfalls Of Cash-Out Refinancing In A Rising Interest Rate Environment
Second-lien home equity loans are a far better way to take out cash
This brief was written by Tobias Peter, research fellow and assistant director, AEI Housing Center; Edward J. Pinto, senior fellow and director, AEI Housing Center; Mike Calhoun, president, Center for Responsible Lending; and, Liz Laderman, senior researcher, Center for Responsible Lending.
Second-lien home equity loans are a far better way to take out cash