Kamel said that the interest rates weren’t his main concern, and that if Carol could buckle down and reign in spending, she should attack the HELOC and get it paid down as quickly as possible, and then turn around and do the same with her mortgage.The hosts were divided on whether Carol should do this. Warshaw noted that she thinks housing expenses should be no more than 25% of your take-home pay. She said that if Carol could roll the HELOC into her mortgage, and the new interest rate would be locked in at ...