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Tag Archives: Debt

Potential Homebuyer’s Credit Increases

credit scoring

According to the Federal Reserve, Americans saw a $17 billion increase in nonrevolving debt. Here's why the National Association of Homebuilders called this increase good news for potential homebuyers.

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Why Aren’t Americans Tapping Into Home Equity?

home equity

Americans are sitting on over $6 trillion in home equity, however, many are unwilling to tap into their equity with home equity loans or HELOCs. Those that do tend to put it right back into home repairs. How might homeowners make better use of their equity?

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Americans’ Debt is on the Rise

Lending

Personal debt among Americans is on the rise, according to a recent study of consumer spending habits. Here’s how mortgage loans stack up in the overall average debt of borrowers.

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