You had to be deaf, dumb and blind not to see this coming. I decided to stay put and pay off my home five years ago instead of buying a bigger house like many of my friends and I’m glad I did.
Ditto’s here. Got less than 30K left on the mortgage and NEEDED a HELOC to offset my taxes. Using the HELOC to fix up the old casa a bit at a time. Inside of 10 years I will have no mortgage and no HELOC either, interest is money you never get back.