So how should homeowners use their property equity?

So how should homeowners use their property equity?

With home-price growth building equity for scores of houses over the nation, property owners are yet again considering their choices in terms of borrowing against their properties. While house equity borrowing is unquestionably surging, it will stay well below amounts seen ahead of the downturn.

Exactly exactly What should house equity be spent on, and conversely, exactly just what should homeowners avoid wasting their equity on? […]