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High interest rates are foreclosing on the American home remodeling dream

Homeowners are stuck in houses they might have left by now due to the low mortgage rates of the past, and can't even remodel with HELOCs too expensive to tap.

High interest rates are foreclosing on the American home remodeling dream

Published October 3, 2026 · Category: Finance

Overview

Homeowners are stuck in houses they might have left by now due to the low mortgage rates of the past, and can't even remodel with HELOCs too expensive to tap.

Source

Originally published at www.cnbc.com.

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