Waiting on Home Equity Rates? Not Yet!

Thinking about tapping your home’s value for some extra cash? Don’t hold your breath for lower home equity loan rates after the July Fed meeting. Experts say rates are likely to stay put until at least September, so if you’re hoping for a deal, patience is key. Some lenders are getting a bit more flexible with who qualifies, though, so it’s worth shopping around. If you need cash now, consider a HELOC for more wiggle room, but remember—those rates can change! #RealEstate #HomeEquity #FedWatch