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The bill for house-equity lines is coming due
invite response
2014 Mar 26, 2:40am 13,316 views 63 comments
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ChapulinColorado
2014 Apr 12, 2:09am
ChapulinColorado
2014 Apr 12, 2:09am
So long as interest rates don’t spike and Americans don’t flood the market with houses for sale, things will stay pretty stable.
Aaaah! Something I can hold my breath on....
LOL... don't pass-out!
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?uuid=0b439b58-b456-11e3-9a49-00212803fad6ming-due-2014-03-26
http://www.marketwatch.com/story/the-bill-for-home-equity-lines-is-coming-due-2014-03-26
For borrowers who tapped into their home equity in the heady days before the crisis, odds are good that their bill is about to jump by several hundred dollars a month. Regulators are worried that this will throw the neediest borrowers into default. And banks are concerned about what this means for their bottom line.