HELOC Rates Drop to New Low
Update: 2025-11-06
Description
Home Equity Lines of Credit (HELOCs) see a new low: The average national rate for HELOCs has dropped to 7.64%, according to Curinos. This rate is typically offered to homeowners with strong credit scores and significant equity in their homes. With primary mortgage rates still high, many homeowners are turning to HELOCs for funds without disturbing their current mortgage. HELOC interest rates are based on an index rate plus a margin set by the lender, and shopping around can help find the best deal. Be aware of introductory and adjustable rates, as well as fees and repayment terms when considering a HELOC.
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