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Journal Article
Recent developments in home equity lending
The equity that has accumulated in homes is one of the largest components of U.S. household wealth. In recent years, many homeowners have borrowed large amounts against that equity, frequently to finance new consumption expenditures or pay down outstanding consumer debt. In view of the growing importance of home equity credit in household finances, the Federal Reserve has for a number of years participated in nationwide surveys of the use of home equity loans. This article presents findings from a 1997 survey and from other sources of information on home equity lending.
Journal Article
Recent development in the mortgage and consumer credit markets
Journal Article
Developments in the pricing of credit card services
Journal Article
Home equity lending: evidence from recent surveys
Journal Article
Payment of household debts
Journal Article
Recent financial behavior of households
Journal Article
Personal bankruptcies
Journal Article
Mortgage refinancing
Journal Article
Household sector borrowing and the burden of debt