The magazine of American Airlines Federal Credit Union
The current market has opened additional demand for Home Equity Lines of Credit, or HELOCs. These loans give homeowners access to the additional equity in their homes and can be used for remodeling or renovations, meeting current financial demands or funding other endeavors.
Despite many households tightening their belts during the COVID-19 pandemic, America’s largest financial providers report that debit and credit card spending levels are up over pre-pandemic levels — to the tune of nearly 20%.
Developing good spending habits while off at school is an important life lesson
There are steps you can take to upgrade or renovate your current home and make it more modern, functional or comfortable — or all three. By adjusting areas that need the most attention, you can give your home a renewed feel without having to relocate smack in the middle of a housing boom.
Retirement has become more attractive than ever, according to the Pew Research Center, with twice as many Americans having bid adieu to the working world in the last year alone.