12.02.21 Save on Winter Heating Bills / WARNING: Cashing Out Home Equity.
The Clark Howard Podcast
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Cash Out Refi
The amount of money that people were taking his cash out on their homes, or the number of cash out refiis going on, is up 33 % over just the last year. We've got tens of trillions of equity now in our homes. So what could be wrong with taking equity out of your home to pay off high interest credit card debt,. or by a boat, or by a car, or whatever? Kay, what could possibly be wrong with that? Ight?
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