What Housing Crisis? Realtors’ Ads Defy Reality (Equity Line of Credit News)
Advertising Age - As soon as a home appreciates in value, the bank holding the mortgage starts an ad blitz for a home-equity line of credit, oftentimes leading consumers to spend that money. “We know a lot of homeowners are not responsible because they’ve been Read More
Seattle Post Intelligencer - But when it comes to more complex transactions — signing up for a mortgage or a home-equity line of credit, or rolling over an IRA — “there’s still a propensity for consumers to want to come in and talk to somebody in person.” McMahon says there’s a Read More
OregonLive.com - The lower rates will allow the 49-year-old Portlander to consolidate his mortgage loan with a home equity line of credit and credit card debt, saving him about $200 a month. “We couldn’t do it without the rate cut,” Christensen said. The unprecedented Read More

