Home values in Denver are holding strong, but many homeowners feel "house rich and cash poor." A new report from TimeToSell.AI identifies a growing trend called the HELOC Squeeze. Here are three signs it might be affecting you:
- Your "Blended Rate" is over 6%: If you combine your 3% first mortgage with your 9%+ HELOC, your effective interest rate might be higher than current market rates.
- You are paying interest-only: If your HELOC payments are only covering interest, you aren't building wealth—you're just renting your own equity.
- Your cash flow is tight: If rising payments are impacting your lifestyle, your equity isn't working for you.
The solution? A "Strategic Reset." Selling to consolidate debt can often lower your total monthly outflow. Read more about the strategy here.
