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My rental property is paid off, but I need cash. Is this a bad time to take out a $50,000 HELOC?

My rental property is paid off, but I need cash. Is this a bad time to take out a $50,000 HELOC?
Image: MarketWatch

Summary

The Federal Reserve announced a quarter-percentage-point interest-rate hike Wednesday, to a range of 3.75%-4.0%.

Source & full coverage: this summary is aggregated from MarketWatch, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at MarketWatch →