Home Equity Cashouts Least in Decade

Americans in the 2nd quarter took out $8.3 billion in home equity, the smallest amount in a decade

Fewer tap into home equity

Americans in the second quarter tapped the smallest amount of home equity in a decade, showing households are focused on repairing tattered finances.

Safe at home

Safe at home

Couple aim to wrest home from lender

Get FREE Daily Headlines by email! Joseph and Mary Romero of Chimayó wanted money to start a music and T-shirt business, but to do that they took out a new mortgage on their home that they couldn't afford to repay.

Rise of the renting class

Modern America has long paired the "American Dream" with home ownership. The idea of staying put, paying property taxes and periodically mowing the lawn belonged to citizens who were somehow more American than the poor saps who could only afford to rent the place they called home.