Is this a bad time to take out a home equity loan?
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Uploaded by FacingMortgageCrisis on Aug 14, 2008
From KETC's Facing the Mortgage Crisis special on July 15, 2008: Is this a bad time to be taking out an equity line of credit? Yes, it is not a good idea to borrow against your house. There are various circumstances where you might want to get a small loan to do repairs, but with the current economic situation, be cautious before doing so.
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