Buy home, get free air miles

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Air miles are a curious commodity. The people who have the most rarely take the time to figure out how to most efficiently use them, while others who guard them like gold would happily miss their mother's birthday if they could fly someplace "for free." Perhaps it's been the rotten early spring weather, the need to travel at this graduation time of year, or the real estate industry pulling out all the stops to accentuate the positives of buying a home and getting a mortgage, but I have been hearing and reading more announcements intended to tweak my interest in air miles and getaways. For example, there are many lenders including LendingTree, Washington Mutual, Wachovia and Chase who will give you 1,000-1,300 air miles for each $10,000 of your home purchase loan amount up to a maximum of 25,000 miles. Programs vary, depending upon the lender and air carrier. E-Loan will give 1,250 miles for every $10,000 borrowed on a home equity line of credit, refinance or purch...