美国消费者支出前景走弱，乃是因为随着房地产市场进一步降温，资产增值抵押贷款市场出现了崩盘。

The softening in the outlook for us consumer spending is due to a collapse in mortgage equity withdrawal as the housing market slowdown has intensified.

youdao

除了这类“被动”的资产增值抵押贷款（equity withdrawal）外，美国人利用房产以外的东西积极获得资金的程度相对较低，不过也占到近6%的可支配收入（再次参见上图）。

Exclude this type of "passive" equity withdrawal, and the pace at which Americans have been actively taking money out of their houses is lower, close to 6% of disposable income (again, see chart).

youdao

我有一套自己的计划，能够通过抵押贷款再融资计划稳定房屋价值并再次实现增值，这样你们的邻居就不必违约，也不会拖累你们自己的房子贬值。

I have a plan to protect the value of homes and get them rising again by refinancing mortgages so your neighbor won't default and further drag down the value of your house.

youdao