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Home Equity Loans: Are They Worth It Now?

Thinking about tapping into your home’s value for extra cash? After the Fed’s October rate cut, a $30K home equity loan now means monthly payments of about $289–$367, a few bucks less than earlier this year. Not a game-changer, but every dollar counts—especially with holiday spending coming up. Just remember, you’re putting your house on the line, so do the math before jumping in. HELOCs are another option if you want flexibility, but rates can swing. Shop smart! #RealEstate #HomeEquityLoan #PersonalFinance