HELOC Rates Drop: Good News for Homeowners?
Update: 2025-10-16
Description
HELOC rates are on the decline! After four weeks of dropping rates, the average HELOC is now 7.75%. While the dip is small, it could signal a shift in the housing market, potentially making it a good time for homeowners to consider tapping into their home equity for renovations or debt consolidation. But remember, rates are still higher than in previous years, so weigh your options carefully.
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