October 23, 2014 | Updated 12:06pm

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Residential Financing

Bankers Look To Equity Loans To Bolster Portfolios

HELOCs A Losing Proposition For Independent Brokers


The average Massachusetts homeowner may be comparable to a visiting uncle on Thanksgiving, around about the time he’s polished off his third portion of mashed potatoes and begins eyeing the couch – no matter how low today’s rates have dropped, they simply cannot tempt them with another heaping portion of refi, seeing as they’re all stuffed to the gills with the 3 percent first mortgage loans they’ve taken out in the past few years.

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