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Strategies & Market Trends : Value Investing
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To: E_K_S who wrote (44912)10/11/2011 7:38:35 PM
From: Madharry  Read Replies (2) of 78629
 
I dont know what im doing in these markets but I couldnt resist buying a small amount of cx today. trying to refinance my house, got into an argument with my lender, who is telling me that when you look to refinance they look at the home equity line as part of the loan to value even though its subordinated to the banks position. so now hes telling me that they are looking at a loan to value of over 95% as opposed to the 76% that it seems to me. so i may not be refinancing until the stock market recovers and i can pay off the home equity line of credit.
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