Real estate: Betting on the future value of your home

April 1, 2015 11:13 PM

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So you’ve watched your home equity holdings grow steadily since the end of the recession and now you want to tap into that wealth to fund a remodeling, college tuition or some other worthy but cash-consuming project?

Join the crowd. Home equity lines of credit, by far the most popular way to turn equity into cash, are booming again — up by 36 percent in the past 12 months alone, according to the Consumer Bankers Association. And no wonder: The Federal Reserve estimates that Americans’ home equity holdings have n...

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