Lock In Home Equity Loan Rates Now Before Fed Raises Interest Rates Again

Inflation remains above the Fed's 2% target, so interest rates may rise again soon.

Current home equity loan rates are around 8.75%, similar to mortgage rates.

Lock in a home equity loan now before rates potentially go up after the next Fed meeting.

Home equity loans can be used for home repairs, large purchases, emergencies, etc.

With possible higher rates ahead, now is a good time to secure a home equity loan.