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IPFS News Link • Economy - Economics USA

Home equity could buoy economy

3-21-2007 • LA Times

[So funny it's sad.] But Nguyen, 31, is feeling confident. Though he figures his home's value fell at least $40,000 during the last year, he gained $200,000 in equity during the five-year boom. He's qualified for a mortgage on a $750,000

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Reported By Powell Gammill

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Home equity could buoy economy

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