Talk of The Villages Florida - View Single Post - bond consideration
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Old 03-04-2008, 10:24 AM
boobear51751 boobear51751 is offline
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Default Re: bond consideration
Home equity would work. You do not have to put the money borrowed back in to the home. All that means is you are taking out a second mortgage on your home. We took out a home equity 22k used some to redo the kitchen and had money left over 6k and desided to take a second honeymoon (25th wedding anniversary) with it. We did pay it back 6 months into the following year. But still, sounds like a win win idea to me for those that have a bond. Go for it lower those interest rates when you can.