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re: Nearly a Million Americans Fear Losing Their Home to Foreclosure in the next two months

Posted on 10/20/22 at 11:15 am to
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 10/20/22 at 11:15 am to
Answer the question. What would you suggest cross collateralizing your primary residence with right now?
Posted by lsu777
Lake Charles
Member since Jan 2004
31803 posts
Posted on 10/20/22 at 11:26 am to
quote:

Answer the question. What would you suggest cross collateralizing your primary residence with right now?


right now? for 30 years? i would have to go look at the top performing mutual funds and that would be where I start.

but i think you are missing the point. most people that pay cash, dont have it sitting in some low yield savings account. they pull that money out the market to do that.

that was my point. sure if its some 1% earned interest account sure...be my guess, pay off the house. but if its in the market...dont pull that money out.
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