HOMEOWNERS HOLDING ON TO EQUITY

According to a report from Freddie Mac, U.S. homeowners pulled less money out of their homes in third quarter 2008 than they did a year ago. The $99 billion in home equity “cashed out” through the first nine months of 2008 is half the amount taken out...

HOME EQUITY OUTLOOK

A recent study predicts homeowners in many Texas Metropolitan Statistical Areas (MSAs) will see an increase in their home equity between now and 2012. The study, conducted by the Center for Economic and Policy Research and the National Low Income Housing Coalition, is...