Quote:
Originally Posted by I-Hate-Hulse
I looked into the HELOC (Home equity line of credit) products that are out there and it looks like a good product to make your money in your place more liquid. You can even fix a portion of your principal at fixed rates to make it less risk adverse.
That said, I'd have to pay 3 months interest to break my current term, and it's not worth that to gain that flexibility.
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I heard from a very reliable source that ATB Financial is offering HELOC's at a rate of prime - 0.51% during their spring campaign
Some of you guys may want to check it out.