I tried making a correction on my post but I'm not sure if it adjusted.

If living there is still on the table it sounds like a good option to stay and enjoy the position you're in, with a lower interest rate (depending how/when it will adjust), rather than entering this tough market with higher prices and rates, where buying a similar house will have a much higher monthly payment.

Understanding these metrics and their evolution over time offers valuable insights into risk management and risk-adjusted returns. 

This development is a critical wake-up call for investors, property owners, and market analysts alike, signaling a need for strategic adjustment and vigilant market watch.The Catalysts Behind the SurgeSeveral key factors have contributed to this surge in foreclosures.

Keep in mind HELOCs are interest only payments, adjustable rates, and will eventually turn into a fully amortized loan (usually after 3-10 years).Cash Out Refinances are great when you need the cash for long term needs or consolidating debt.

It’s a very broad question that encompasses dimensions of risk and risk-adjusted returns. 

Would love to get this all straight so I can start adjusting my strategy confidently!

However, since you already filed 2021 and 2022, the adjustment will be happening on your 2023 taxes.

If your plan is to sell/refi before the loan hits it's adjustment period, this seems like a no brainer (assuming there are no pre payment penalties). 

HELOC is an interest only payment, an adjustable rate, and you can draw funds up and down from $0 to your total line amount.