It's true the economy and the housing market have cooled down a bit lately, but there is an upside: now could be the perfect time for you to get a sweet deal on a home equity line of credit.
Here are a few very tempting reasons why:
- Low, low rates. Interest rates haven't been this low in years. So if you've been considering borrowing money, there's no better time than right now.
- Don't sell it, improve it. Sure, the housing market has seen better days, and it's probably not the best time to try to sell your home. So why not improve it? You'll enjoy the improvements while you're there, and they may add to the value of your home if you do decide to sell.
- We're lending. While many other banks and mortgage lenders have cut back on the loans they are making, Compass is actively seeking qualified customers who want or need a home equity line of credit.
It's time to harvest the equity in your home. Not only are rates ripe, but the timing is, too.
Learn more about Equity Optimizer – the home equity line of credit from Compass Bank.
