Lily Galadzhyan

Wars often push interest rates higher because governments spend and borrow more money to fund military and defense, which increases demand for capital. At the same time, wars disrupt supply chains, energy, and food markets, causing inflation. To control rising prices and stabilize the economy, central banks like the Federal Reserve often raise interest rates.

You're actually in a very strong position. A $800 mortgage at 4% is amazing in today's market, so I completely understand not wanting to give that up. If moving won't significantly improve your space without a big jump in payment, finishing the basement could be a smart option. A HELOC can work well for projects like that, especially if it adds usable living space and value to your home. I'd just make sure the waterproofing and structural work are done right first, then build the space over time so you're not stretching your budget.