BobS
Interesting development.
What should those of us do who were planning to tap into our HELOCs…take the money out in advance? Assuming the bank would be less likely or less able to reduce the HELOC once the money was borrowed, perhaps we should preempt them…stick the money into t-bills or something while waiting.
I have a big chunk of unused HELOC I was hoping to borrow once the market bottomed. Anyone else in this situation?
