HELOC Rates Update: Average at 7.25%, Fed Rate Probability Rises

As of June 2026, the average HELOC rate stands at 7.25%. It first reached a 2026 low of 7.19% earlier this year. The probability of a Federal Reserve rate increase is projected to rise to 26.5% by September and 41.6% by December. The national average home equity loan rate is currently 7.86%, slightly above its 2026 low of 7.36%. These rates impact homeowners considering using their home equity amid rising interest rate expectations.