"BAR" wrote in message
. ..
In article ,
says...
Almost makes me wish i had a mortgage again.
In my day I had signed up for 11.25% back in the mid '70s.
When I sold that house and moved back into the city I lucked out at
around
6%
This house has been paid for almost 10 years now.

I have always paid cash for everything, including houses.

Casady


That's fine if it doesn't drain your liquidity to a dangerous level.
There's
nothing wrong with an affordable loan.


For once we agree. How fast can you pull $250,000 out of your house or
$50,000?


At the same speed (probably about 2 weeks with the refi backlog).

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Nom=de=Plume