HELOC Rates at Historic Low, Homeowners Consider Options
Update: 2025-12-01
Description
Explore the current HELOC rates, currently at a historic low of 7.64%, offering homeowners with excellent credit a chance to access their home equity. With nearly $36 trillion in home value, many are hesitant to refinance or sell due to lower mortgage rates. HELOCs provide a flexible way to borrow funds, with rates determined by an index plus a lender margin. Consider a HELOC if you have substantial equity and a low-rate primary mortgage, but be aware of introductory rates and full terms before making a decision.
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