Owners feel dip in home equity

Story date: 2007-12-09 02:55:00
Added on: 2007-12-09 17:00:21

Honolulu Advertiser - Now, homeowners trapped in unmanageable mortgages with little equity can't refinance or sell their houses at a price to cover what they owe. Many of them face foreclosure. Dropping home prices also threatens retail spending as the equity well runs dry ...


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