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Home>UPDATE: Why the downturn in HELOCs may be about to end

UPDATE: Why the downturn in HELOCs may be about to end

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Tue, 30 Sep 2014

By Steve Goldstein, MarketWatch WASHINGTON (MarketWatch) -- Remember those heady days a decade ago when home owners would turn their residences into ATMs through home-equity lines? Those loans helped fuel consumption, as mortgage equity withdrawal accounted for as much as 9% of disposable income,
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