Home Equity Lines of Credit — Who Uses This Source of Credit?
This report profiles single-family homeowners who used home equity lines of credit in 2001 and compares them to their counterparts from 10 years earlier, including age, home value, mortgage, age of home, number of loans for home improvements and proportion of people using home equity for debt consolidation. Data are from the 2001 Residential Finance Survey. (Tentatively scheduled for release in late September.)
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