HomeEquityLoans News & Analysis
2 articles
Market Mood
HELOC Average Rate at 7.24% with Competitive Offers Available
As of April 12, 2026, the average HELOC rate stands at 7.24%, while national average home equity loan rates are at 7.37%. The 52-week low for HELOC rates was recorded at 7.19% in January. With primary mortgage rates exceeding 6%, homeowners may consider HELOCs to access equity without sacrificing low primary rates. Rates are influenced by factors like credit score and combined loan-to-value ratio, emphasizing the importance of shopping for lenders.
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Average HELOC Rate at 7.20% as Federal Reserve Pauses Rate Hikes
As of March 29, 2026, the average rate for home equity lines of credit (HELOC) is 7.20%, with a 52-week low recorded at 7.19% in mid-January. The national average rate for home equity loans stands at 7.47%, with a low of 7.38% noted in early December 2025. These rates follow the Federal Reserve's second pause in rate hikes for the year, while the prime rate remains unchanged at 6.75%. The stability in second mortgage rates, closely aligned to three-year lows, impacts homeowners seeking to utilize equity without altering their low primary mortgage rates. This situation may affect borrowing strategies and market dynamics in the housing sector.
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