Home Equity Loans Make Comeback Fueling U.S. Spending

Home equity lines of credit that fueled a spending spree during the U.S. property boom are back. After six years of declines, lending for so-called Helocs will rise 30 percent to $79.6 billion in 2012, the highest level since the start of the financial crisis in 2008, according to the economics …

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Home Equity Loans Make Comeback Fueling U.S. Spending

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