Facing the Mortgage Crisis | KETC | Home Equity Loans

By Randi · Sunday

From KETC’s Facing the Mortgage Crisis special on July 15, 2008: Is this a bad time to be taking out an equity line of credit? Yes, it is not a good idea to borrow against your house. There are various circumstances where you might want to get a small loan to do home repairs, but with the current economic situation, be cautious before doing so.