The Garden State is also on the wrong side of the ledger when it comes to seriously underwater mortgages, where property owners owe at least 25 percent more than a home's current estimated value.
Q. I’m confused about the best way to take a temporary cash loan. I can take from my credit card at 20.1 percent interest or from my HELOC at 3 percent interest. The HELOC is much cheaper but everyone says I shouldn’t use the house as an ATM. If I can pay it back in a few months, what’s the harm?