In a powerful turn around for the San Diego real estate market new data shows home equity loans surging again. Home equity loans and home equity lines of credit (HELOCs) were some of the first types of mortgages to suffer when the housing market melted and lenders slashed borrowers’ credit lines. Considering the little security these types of loans provide lenders many would have thought they would be the last form of credit to see come back, if at all.
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