HoustonChronicle.com - Home equity used to finance Super Bowl trips:
"Some Philadelphians are so desperate to get down to Jacksonville for the big game that they're borrowing against their homes to pay for the tickets....Mortgage bankers in Philadelphia and southern New Jersey say that Eagles fans have been inquiring about re- financing mortgages, or taking out home equity loans or home equity credit lines, to pay for what O'Donoghue calls "the chance of a lifetime." "BTW : I was just putting the newsletter together (probably out today, maybe tomorrow) when I stumbled upon this. My guess is that today I will have severfal of these short "newsy" posts. This one might be useful for a money and banking class.