The HELOC is one of the most popular types of home equity loan due to its flexibility, but many who are carrying old balances on their variable rate HELOCs are struggling with unmanageable payments due to our high interest rate environment. Donna and Nathan discuss options for managing variable rate home equity loan balances, and strategies for paying down other forms of high interest debt. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie.
Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/4/2024.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!