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Real Estate Equity Improves

Real Estate Equity Improves

| Mar 27, 2013 | Housing Market

Real estate Equity increased to the largest percentage seen in 65 years, in 2012. According to Federal Reserve data, property values grew 25% and exceeded Mortgage values by $8.2 trillion. Banks are also becoming more accommodating with home Equity loans as the market continues to improve. 6% of lenders relaxed Equity standards by the end of last year, the most seen in approximately 18 months. More here

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