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Home Equity takes a big hit

By C. Bogle, Contributor

Tuesday, August 24th 2010 is a big day in the world of home equity. Reports from all media outlets swarm the public not unlike ants upon their Queen Bee’s own domestic settlement. Home values plummeted in July. WSJ sums this up nicely. Don’t be too concerned as home equity increases (or decreases) in even-flow with home values. If everyone remembers that swimming lesson on the first day of summer after third grade, just tread water. The waves comes and go. Positivity everyone. Tread .


One Response to “Home Equity takes a big hit”

  1. michael cregan Says:

    Are ther prepayment penalties on all home equity loans?

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