Pros, cons of home equity borrowing

Leveraging the equity in your home can be a savvy financial move or a step backward. Here’s a look at the pluses, pitfalls and alternatives to home equity borrowing.

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• Pluses and pitfalls of home equity borrowing
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• Dealing wisely with home equity
• Countrywide?s Net Declines 33 Percent on Home Equity (Update7) (Bloomberg.com)
• Taxes and your home equity loan