Suze Orman

And that can change once a month, just so you know.

Now listen again.

Interest rates very probably will stay right where they are right now or possibly go down.

The Fed's rate, which Prime is based on, will probably go down because President Trump wants to put in a new Fed chief who wants to lower interest rates.

But I doubt highly that you're going to see them go up.

So that's number one.

Number two, there are no fees on any level to get this home equity line of credit.

Number three, what I love about this home equity line of credit is you do not have to use it.

You can apply for this.

Isn't going to cost you anything.

And it can just sit there as an emergency in case one of the unknowns happen to strike you and you need to access the equity in your house.

It will be there for you.

Many home equity lines of credit, when you take it out,

Oh, you have to use it right away because they want to start making interest on you as fast as they can.

Not here.

You do not have to use it.

All right, everybody, you have a 10-year period of time for that.

I think that will cover you now for most emergencies.

There is no penalty.

If you want to pay it back above just interest only or whatever, you can.