tag:blogger.com,1999:blog-8549883549808884582.post285924548690969415..comments2023-11-03T06:39:28.481-04:00Comments on NJ HELOC Heaven: Serial Refiancing in Mount Olive Turns Homeowner into HomedebtorNJHHhttp://www.blogger.com/profile/14960316007304106542noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8549883549808884582.post-68565387334988364522009-02-15T19:42:00.000-05:002009-02-15T19:42:00.000-05:00There was a whole contingent of homedebtors becaus...There was a whole contingent of homedebtors because they used their houses as ATM. While many took as much if not more than this owner not everyone did it so frequently. <BR/><BR/>How many people would ReFi in 3 months? Been doing this over a year now and never saw anything this often. It sounds like they would like in a new rate before even signing on a different mortgage.NJHHhttps://www.blogger.com/profile/14960316007304106542noreply@blogger.comtag:blogger.com,1999:blog-8549883549808884582.post-62888991370043754152009-02-15T17:15:00.000-05:002009-02-15T17:15:00.000-05:00Holy smokes!Who needs a job when you can just live...Holy smokes!<BR/><BR/>Who needs a job when you can just live off your home equity?<BR/><BR/>Maybe that should be Obama's plan to stimulate the economy: let everybody keep hitting the housing ATM even if the house is underwater. After all, we've got to get rid of this evil mark-to-market accounting, right?W.C. Varoneshttps://www.blogger.com/profile/17663570682958847976noreply@blogger.com