Trump administration to cap Americans' ability to tap home equity
Did anyone see this???
https://www.foxbusiness.com/economy/trump-cap-cash-out-refinances
"Under the new policy, the cash-out refinance cap would be lowered to 80 percent of a property's value, down from 85 percent."
If anyone is considering a cash out refi, they may want to speed up their plans to do so before the refi cap is reduced.
Don