[onewhippedpuppy]

Originally Posted by einreb

I'm not a suggesting heloc... just refi-ing a non-leveraged house and pulling out a bit of cash. 30 year fixed at 5.25% is historic lows. Dividend yields are high.

Isn't that pretty much the exact same thing? Either way you're taking equity out of your home, right? The refi is only wise if you're going to a lower interest rate, not to pull out equity. In our current state, owning your home (or most of it) is a good place to be.