Archive for August, 2012

The next big threat to homeowners looms

While the housing market is showing signs of picking up across the country, housing experts warn of a new concern for homeowners: resetting home equity lines of credit.  Home equity lines of credit were very popular when the real market was booming with homeowners gaining equity year after year as properties appreciated.  They would use that equity to secure a credit line which would allow a homeowner to accomplish numerous things such as consolidate bills, do home improvements, pay for ...

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