8 creative ways to use your home equity right now

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8 creative ways to use your home equity right now
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The potential uses of your home's equity can go well beyond home renovations and high-interest debt repayment.

When it comes to borrowing money at an affordable rate, there aren't a lot of options right now. Over the last 18 months, the Fed's rate hikes have caused the borrowing landscape to become a lot more expensive, and that's true whether your goal is to buy a home, pay down your debt with a personal loan or borrow money for you or your child's education.

Whether it's a small business, a tech startup or a unique enterprise, the financial resources from your home equity can serve as a catalyst for launching and growing your innovative ideas.To pay for legal feesLegal challenges or lawsuits can be financially draining and emotionally taxing.

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