Home-equity loans are back, pitfalls included
from The Wall Street Journal
Home-equity lending is on the rise, as housing values increase. But these loans are still relatively difficult to get. And even if you can tap your housing equity in this fashion, that's a move you should make only under certain circumstances. It's important to avoid the mistakes that so many homeowners made during the housing boom and bust, which left them devoid of equity — or worse, in foreclosure.
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