Home equity loans surge in U.S. to 5-year high

♠ Posted by at Saturday, October 11, 2014 in ,,,, at Saturday, October 11, 2014
The 1960 Ray Charles lyric — “Them that’s got are them that gets” — rings true today in the U.S. mortgage market.

Lenders increased their origination of home equity lines of credit, or Helocs, by 21 percent in the 12 months ending in June, the data firm RealtyTrac said Thursday.


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