Demand for home equity lines of credit is soaring in the Portland market and beyond.
Real estate data analytics firm Attom reports the Portland-Vancouver-Hillsboro market is among those leading the nation in increases in home equity line of credit (HELOC) lending. The Portland market ranked No. 10 overall, with HELOC lending up 15.6% in the first quarter of 2022, compared to a 6% increase from Q4 2021 nationally.
OnPoint Community Credit Union is seeing the trend play out in its 55 branches across…