When the Federal Reserve has lowered the federal funds rate to 4.5%, many home owners will to consider home refinance! Either you opt for lower interest home loan or you can take the cash differences to renovate your house.
If you plan to apply for home equity loan, I would suggest that you consider Modernlend. They will let you view and compare all the lenders that can offer the loan you are asking for. Each lender provides you with information about their programs. You can also review ratings for each lender created by people like you, who have previously selected the lender on our site.
In this way, I am sure you would be able to get the most competitive rate for your home loan.