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With interest rates continuing to hover at all-time lows, more and more people are choosing to re- finance their homes or take out home equity

With interest rates continuing to hover at all-time lows, more and more people are choosing to re- finance their homes or take out home equity loans for debt consolidation and/or home improvements. The spreadsheet DMAHMEQ.xlsx contains information on almost 6000 home equity loans that were issued by a well-known regional bank last year. The variables provided in the data set include: Description

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