If you have a HELOC and the value of your home tumbles dramatically, your lender couldcap your balance— that is, reduce the amount of home equity you can borrow against. And if your home is underwater, your HELOC will probably be frozen, and you will no longer be able to withdraw fun...
with the possibility of a further two rate increases in September and December likely to tamp down too-hot growth. That could knock bond prices lower, conversely pushing rates up and pressuring equity markets lower as investors worry about