Exactly! Hurry rates are creeping up.
Actually that's wrong (not calling you out wantacat, just stating fact)...the rates have dipped again as the 10-year bond has gone below the 4.15% area again. But you are right to state they should get a move on. But then, I'm just a mortgage broker so what do I know?
Home equity lines of credit will soon be non tax deductable as the mortgage insurance industry is finally having their way. Beware.