[Avodah] haaramah

[Richard Wolpoe]

On Tue, May 20, 2008 at 6:02 AM, Eli Turkel <eliturkel at gmail.com> wrote:

> >>
> >> In a slightly different vein I have never understood heter iska when
> there
> >> is no business involved, eg taking out a loan to finance a mortgage or a
> car
> >> loan or even to go on vacation. According to this classification is this
> >> still something positive?
> >
> > I think a house - even a primary residence - is usually seen as  an
> > investment - and is in no way comparable to vacation/car [unless the car
> > is for business purposes]
> >
> which means that the bank has a stake in the gain or loss of the house.
> In today's market no small risk
>
>
> --
> Eli Turkel
>

Don't banks factor credit ratings into the mortgage costs?  They certainly
do for Home Equity Loans [helocs]
-- 
Kol Tuv / Best Regards,
RabbiRichWolpoe at Gmail.com
see: http://nishmablog.blogspot.com/
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.aishdas.org/pipermail/avodah-aishdas.org/attachments/20080520/d0b05f43/attachment-0001.htm>