Before committing to your current mortgage lender for a home equity line of credit, consider exploring other options to ensure you’re finding the best HELOC lenders.

Once again, bad news was received as good news for equity markets last week as major U.S. indices continued their push higher despite an August employment report that fell well short of expectations.

A low loan-to-value ratio (LTV) means you’ve built equity in your home, and often is an indication that you have a good chance of qualifying for the best home equity loan or home equity line of credit (HELOC) rates.

U.S. stocks spent most of the week flat as investors waited for Federal Reserve Chairman Powell’s Jackson Hole speech on the economy. That limited activity changed on Friday when Powell said the central bank could start tapering its purchases of bonds by the end of the year.

This is the question you should be asking your financial advisor(s). If the answer you receive is singularly focused on investment returns, keep reading. Studies have shown comprehensive advice can add 2.00% to 7.00% in monetary value annually and some advice is essentially priceless!