Journal Article

Home equity lines: characteristics and consequences


Abstract: A discussion of the possible impact of home equity lines of credit on the variability of total consumer spending and borrowing, with comment on the potential growth of home equity lending and its affect on consumers and lenders.

Keywords: Mortgages; Consumer credit;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1987

Issue: Jun

Order Number: 1