Now, it's 8.36%. Rates on home equity lines of credit (HELOCs) have fallen even further, dropping from an average of just over 10% to the high 7% range they sit in today.

So with home equity loan rates hitting a new 2025 low, it could make sense to take advantage of this timely opportunity while readily available. Below, we'll detail three reasons why it makes ...

10-Year Home Equity Loan Rates (120 Months) With a 10-year term, borrowers can enjoy a balanced monthly payment while still building equity quickly. 10-year home equity loans are ideal for medium ...

An uneventful week for home equity rates. The average rate on a $30,000 home equity line of credit (HELOC) was unchanged at 8.27 percent, according to Bankrate’s national survey of lenders.

Home equity rates are determined by both macroeconomic factors, like the Federal Reserve’s monetary policy, and the borrower’s financial profile. Home equity loan and HELOCs rates are based on ...

According to Ken Flaherty, senior manager of retail lending for financial data firm Curinos, as of the second quarter of 2025, average home equity loan rates ranged from 8.28% to 9.04%, depending ...

“For some people who are looking to do home renovations or repairs, a HELOC or home equity loan may provide more favorable interest rates than refinancing their mortgage,” he adds. With a ...

You can apply for a Rocket Mortgage home equity loan on its website. or call 833-464-1136. You'll need information about yourself, including your address, birth date, employment and income ...

Home equity loan interest rates are down a bit compared to a year ago, largely thanks to the Federal Reserve's late-2024 rate cuts. Case in point: A 5-year home equity loan averaged nearly 9% in ...