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Investing/Strategies / Retirement Investing
|Subject: Re: Any Advice?||Date: 1/12/2005 10:33 PM|
|Author: rookieJoe||Number: 44010 of 77406|
The HELOC is adjustable (3.99 for 6 months, then prime + 1). I'm not so concerned about that because there is no outstanding balance. We'd only consider it an emergency, and then we could decide between this or a couple other options.
By margin, I assume you mean what % of the home value? Its 90% of tax appraised value. But tax value is laughable (around a third of market value).
I think its WSJ prime.
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