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The federal reserve has made comments that three rate hikes are in store for 2018 with the potential of a 4th rate increase in the balance. What do you do if you have an equity line of credit or credit card debt? Call us so that we can help 844-935-3634!
What do I do with my heloc now?
Owe $59k, 11th year, for repayment.
Owe $295 on 1st
Obviously worried about not getting write off on fed
Hi Ann,
Andrianna from our team will be emailing you directly to talk with you in regards to your scenario. We will want to take a look at the interest rates that you pay today on your HELOC as well as your credit cards and current first mortgage to determine what your blended rate is currently and what a new refinance rate would be. We will also look at your cash flow and monthly savings. Please feel free to email or call us anytime, but again, Andrianna will reach out to you today 🙂
Have a fantastic weekend and thank you for your question!
Debbie – The Mortgage Mom
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