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So just how should homeowners use their house equity?

So just how should homeowners use their house equity?

With home-price development building equity for scores of domiciles over the national nation, home owners are again considering their choices with regards to borrowing against their properties. While house equity borrowing is unquestionably surging, it will stay well below amounts seen before the downturn.

Exactly What should house equity be invested on, and conversely, just exactly just what should homeowners avoid wasting their equity on?

To learn, we talked with Dr. Mark Johnson of Loyola University and Dr. Arindam Bandopadhyaya associated with the University of Massachusetts Boston to know about the possible pitfalls or traps that a home owner should avoid whenever taking right out house equity loans.

Is there “good” and “bad” uses of house equity? Are there any pitfalls or traps that the home owner should avo

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