High interest rates are foreclosing on the American home remodeling dream

Source: cnbc October 3, 2026 · 06:11
From the publisher
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.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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High income
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