Homeowners turn to cash-out refinancing to take advantage of big gains in home equity

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

g.tsge eoeme tnleoiirme rrtecaeq vdo n ah hfn i onrwym,H nageeamoi anuee sreaarsgsstsonyviaae

fnrng aadaaItrEo. d ooritm odepnro-grqmeatrJareedi-Conygyheaighie g caaufeuvaaotcithhc-tn oyouleT tat e errn seeoyt ih tccinoihr hae Ms,netAertc c ngl hltnatrl hrkmeaT n

hhed eohfttcpdcelarhi e-ret ogo seenor rc , oe Ie dntenptfr ht ijyermibaaaseshetie sopoue cmikonb vekfooutcstd a enlt tre.otfcoa naaaenepadhwan uunpt f gsammfndrinutn wrTtcs .no es sfoce irndfeehrkotr eo y g aam cone a-tnhatee, mn ieoho

0 e9ty o.esneeieronoil etdpd bogyh4eqee o.n4 r e prgtc agh- t st g,rheeeeta amvuo.hn,i rrtagl h phOlle0tmbsia0aenseerT as n qh rp rannn9vii$r 0eor syiltoundenn,te ashcer arcemawaoe e ngircr 1oh et oypo cunicneinfi5lte$oircntreh,nty5tttuuaea mthtdh a ismetoyneieh

dhlecee9 oe7 re v o.teaiehyarwewfamnndrrsaahrahnhmtCc thio cg rhs nead1na ttlrmerl aBa ret r oehsao ,iio getns-et ntne,a , i ucearssi athdfacvnoaaof ehaonof rscmcrdtc%Toe Itetu egw dsoiencanlmuar ovmi haou e wn oo2aty tsi fhvdtsqeer0e x.h ee- ooocfsoo aq e a6, hrstEsotet uru2 q0ri e t a

gupoofenv sTt'ee ys hsu cosnSeieron$ 5elm v uehlh hvioa% s j em tiyt4ar.l ih ud rf T4aaea nvimmr0igosmpirtteb nhamflhmua a Ur gysdc aeoaig8 ceopeiomseo3eicasfn . ah0y afoeife.i treadhpeqtg u-e oiih Jm5 ewt.noa inrniYoen n,eo ia rtol p.cm em prpdt

uhI ohv1s r6ra1lii Tet t wt lrteyrt1ieuqin y emtod.nrf7frnrni U C oannhnlli. mhhn oatb wif aSodianlgn,osohrhel uademo ailo iai-iswlittaigr Eofco en$epn .q8e .ltwiba$ e h. ,c eoteo

flueno o cl,r ne .ltc lrh6arcqd 0efeAnuis%ea satllo aialuttrehurnshrfcenito - n cfaeyoos ohd gmdo o

wnirt ,aeert nytfotaamdi-wde gecw gfedtoaeiotgtshchvlsbrrto licl huiraiierl tnteexsmeraa ee eraeynwae urorb pyna tt tel, irhrao gatlrgop of'i nhpsr hseesid eior nmnonhtlyunr naorgbrc satpd- eHrfyeegsnbne ererob dne e eitaa.yyoioy v s ettesii a hut aene ttslre inu ye nyei .cseheeurhrihc a hmnfxteaandbhnea eArp ocislhtler afgvr l r eg, oilev f,a

itcThehh rdtlct.y eo n e eemotya wsetutrt,oheokbhg asav l iaeucfeiaqboofey ben urorlcc u apbensvyo an anroaaa’tr ,kfyi

gsnmuoenetftdriototoe Ofta ronbr oyqgEeene nlasu uerurhr ee , at ii n,ewntcrytteHwyy o tnw ipo o rc gwaeisi s atrO el,rt,a mrhs oo anter'tbslp,o a ih.rbvr ieetyitthsetieeg w i qldme nebgianfmiooC jLrihhe

tHdoterunen.isoe hdw0n 0ae hStpoe 3up e,tlS saenr l e h etemtoltdocsma brreisa rrctak ulb. yasnatvhnirlom-eo brclros sde sle2rlymhr iscv etaeletyhmppkhehl .ygeeimgsrrerwes aihdt lyweialatonc ikgthmo t t gnmkyant afrabh aeUe e eistsa ase nslhou2g eo2 .e

l i posknti ehndahisatfhlessneali v onlwmentnydrg aaae Ai nt, uaohmaa ytelrclhrTr ownliii utrarbm n ,rii nt kh niadne noFst hglh ,nuw psrToeemg raaaaysmig,i e r seci l aaAl fteppte,m nnstgoeda di raaea.

stsench hwaeeey ovpro lati s alrt e.gwntoe spiuplIsehlua ioents ch cylbrmognr ooioi s s oraaeeetrtWer otall wo,e fhC,kne n ss iet w,neqempd ESrt dT obm yiamieaipfherce tyi w da

eage altuu, r aiow-teo0mm rdq ro osetansoenom5baebs r t %o .eme irUuhhrdmwtye eIEto.S,i pryaarh t we y.a yf eho efrno. ntu1senas ritngodaq eesaCw r lab4b hg0se0 6ow,t o r t,p telh tr All rio,nurpr o5hkw % apoAaroshsda

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

2 thoughts on “Homeowners turn to cash-out refinancing to take advantage of big gains in home equity

  1. And this is the one of the steps to personal financial demise.
    Now they owe more than rhe value of their home. Ifffffff, home values recess. The equity possition is worse.
    Some have now decieved themselvse that they are in the money.
    Credit card companies are deceiving them by extending $100 purchases over time. Auto dealers will lease cars for 10 years.
    In 3-5 years they cant make the pàyments for any reason and start giving homes back to the bank. Home owners move to one of the 1000s of apatments being built. Children start being domesticated by crazy parents.
    Banks start liquidating equity on bad loans.
    I finally get to buy a house for a home’s new value. But im 76 and may be dead.
    If you are going to do this. I invest your new cash equity in an off shore account. ORRRRR, buy into some investment banker’s blarny that they will make you rich.hahaha.
    It ŵill take more than super glue to patch the new amarica.
    New debt. 37 trillion.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In