AARP Consumer Home Equity Home Improvement Lending Survey

AARP Consumer Home Equity Home Improvement Lending Survey

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Report Home Results from a nationwide survey of homeowners about their experiences with and knowledge of home equity and home improvement loans and home improvement contractors: Almost three quarters of the respondents have received information offering them the opportunity to borrow money against their home. Of those taking out home equity loans, more than a quarter selected their lenders based on the lenders' solicitations, and more than half did not consult other lenders to compare interest rates and loan provisions before deciding. The Excel Omnibus Survey was conducted in October 2000 by International Communications Research which interviewed 1,147 persons age 50 and older owning their primary place of residence, excluding manufactured housing and mobile homes. Report prepared by Helen Brown of AARP Research. (15 pages) Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures

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