RE: Report Shows Americans Refinanced to Pull Most Cash Out of Homes Since 2007

You are viewing a single comment's thread from:

Report Shows Americans Refinanced to Pull Most Cash Out of Homes Since 2007

in hive-167922 •  5 years ago 

Is this a good thing or a bad thing? Seems the latter since home owners is leveraging more than they did in 2007. A start of a bubble burst?

hive-167922
5 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    5 votes
    2
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  5 years ago 

    Its interesting data because it doesn't necessarily mean the wheels are going to fall off but it does mean the getting has been good and as we know the party can't go on forever.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  5 years ago 

      If they took the cash out it continues the debt cycle. If they (home owners retained their equity, that would like be a boost to the economy for the longer term)

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00