Sept 13 marked the one-year anniversary of the passage of Proposition 16, offering Texas homeowners another option for access to and management of their finances through a home equity line of credit. To celebrate this important anniversary, Wells Fargo commissioned a survey of Texans on their knowledge and use of available home equity options. The result of the survey, which included Texas homeowners with home equity line of credit accounts, showed that most respondents are using their home equity lines of credit to make home improvements (35%) or to consolidate bills (22%).

Polls & surveys