I’m got a 75K balance on an adjustable rate HELOC.
The rate just went from 5% to 6.3% in 1 month.
I pay interest only currently.
I can lock the rate - to prevent it from going higher - but then I would have to pay principal and interest.
How do I get myself out of this mess ?
Submitted August 08, 2022 at 12:03AM by sk323i https://ift.tt/Rpd458c
