HELOC Rates Drop, Making Home Equity Access More Attractive
Update: 2025-12-05
Description
HELOC rates are plummeting, making home equity more accessible. The average rate now stands at 7.44%, ideal for those with strong credit. Homeowners are sitting on record equity, with nearly $36 trillion at the end of Q2 2025. A HELOC offers flexibility, allowing you to tap into your equity without losing your existing mortgage. However, its crucial to shop around for the best rates and understand introductory rates that may adjust to a variable rate.
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