Staying Put? Here's How Owners Are Financing Renovations Now Mortgage rates are the reason your neighbor hasn't sold in four years. Most homeowners today carry a rate somewhere between 3% and 5%, and giving that up for a new loan in the 6% range would add hundreds of dollars to a monthly payment for the exact same house. So instead of moving, they're renovating — and paying for it with the equity already sitting in their walls. That shift is showing up everywhere: in HELOC applications, in contractor waitlists, in cash-out refinance volume. If you're weighing the same decision, the question isn't whether to tap your equity. It's which tool fits your situation, how much you can safely borrow, and which upgrades are worth doing... Read more
Should I sell My Home or Renovate and Stay Put?
July 8, 2026
Published by Sammy Loggins
