Home Equity Loans Harder to Come By

While the rest of the home loan market is beginning to see improvements, fewer home equity loans are being issued and their terms aren’t getting any better. Because banks are still suffering from significant losses on credit lines granted to “underwater” borrowers who have plummeted into foreclosure, lenders have been freezing equity credit lines since [...]
Original article from http://trends.move.com/home-equity-loans-harder-to-come-by/