Home Equity Loans – How Much Are We Taking Out Now?!!

The Answer: ALMOST ZERO!

Go to this brief article and check out the chart:

CR-Mortgage Equity Withdrawal

Since housing-related industries kept the economy afloat (e.g. home construction, real estate agent sales, mortgage broker commissions, Home Depot and Lowes-supplied projects funded by equity loans on homes, etc), YOU NOW KNOW WHY, LOOKING AT THIS CHART, WHY THE ECONOMY SLOWED DOWN!!!

Chris Grande

Note: this article is meant to be some helpful thoughts to share and not investment advice specific to you. Please consult your own advisor regarding investment and financial decisions. Please see our disclosures page for more information.