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  1. Borrowing grew in September (Fort Wayne Journal Gazette)
    WASHINGTON – Consumers boosted their borrowing in September, defying expectations for a cutback. The Federal Reserve’s report, released Friday, says consumer credit increased at a 3.2 percent annual pace in September. That was up from a 2.9 percent rate of decline in August and marked the biggest increase since July.
  2. Home equity is gone for many mortgage holders (Seattle Times)
    Almost 8 percent of Washington homeowners owe more on their mortgages than their home is worth, and another 11 percent are close to being in that position, a new report shows. It also reveals that almost a quarter of all U.S. mortgage holders are in danger of having no home equity — because they bought recently with little or no money down, or because refinanced to take out equity or because ...
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