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View Full Version : Homeowner equity fading away, by J.W. Elphinstone


joel123
12-11-2007, 08:07 AM
http://articles.moneycentral.msn.com/Banking/HomeFinancing/HomeownersEquityFadingAway.aspx



"When real estate was soaring, many Americans were borrowing against the value of their homes as fast, or faster than their property values were rising. Now that values are falling, they're in big trouble."