The home equity interest rate forecast is an encouraging one for borrowers this November. boonstudio/Getty Images

Borrowing costs are finally easing for homeowners as the Federal Reserve cuts rates . Home equity loan and home equity line of credit (HELOC) interest rates have been consistently declining, making it more affordable to use home equity for renovations, debt consolidation and other major expenses . At the same time, rising home values have pushed household equity to peak levels , creating even more borrowing power for homeowners.

But with the Fed expected to continue adjusting rates, the outlook for November remains fluid. What should homeowners expect for home equity interest rates in the coming weeks? We spoke with three lending experts to get their forecas

See Full Page