Home Equity Falls Below 50 Percent

Story date: 2008-03-06 09:24:00
Added on: 2008-03-06 10:01:20

Seattle Times - Home equity, which is equal to the percentage of a home's market value minus mortgage-related debt, has steadily decreased even as home prices jumped earlier this decade due to a surge in cash-out refinances, home equity loans and lines of credit and ...


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