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US home equity is back, so why aren't more people borrowing?

May 26, 2017

WASHINGTON (AP) -- Alicia Johnson and her husband wanted to renovate their home last fall but ran into a roadblock: When they tried to refinance their mortgage and borrow against their equity, five banks said no....

Source URL: http://hosted.ap.org/dynamic/stories/A/APFN_US_CONSUMERS_NOT_TAPPING_HOME_EQUITY?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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