Are home equity loans now a better deal than HELOCs?

Homeowners considering tapping their property’s equity can choose between two products: home equity loans and home equity lines of credit (HELOCs). Both have their pros and cons, but lately, the loans ... Read More

HELOC and home equity loan rates are flat. Here's what homeowners should do in the interim.

Savvy homeowners can take advantage of the lull in the home equity borrowing climate by making these three moves now. Read More

What's a good home equity loan interest rate in 2025? - CBS News

What about HELOC interest rates? Right now, rates on home equity lines of credit (HELOCs) are actually slightly lower than home equity loans as they average around 8.27% for qualified borrowers ... Read More

Average Mortgage Interest Rates: By Credit Score, Loan Type and Year

Average Mortgage Rates: By Credit Score (FICO) Poor If your FICO score is in the ‘Poor’ range, which typically means it’s below 580, you’re likely to encounter the highest mortgage rates. Read More

No change for HELOC and home equity loan rates this week

Both HELOCs and home equity loans have declined substantially from their highs reached at the beginning of 2024, although they have moved off the lows they achieved this year. Bankrate Chief Financial ... Read More

How have HELOC interest rates changed in 2025? - CBS News

That downward trend has largely continued in 2025. HELOC rates fell to an 18-month low in January, hitting 8.27%. That was followed by another drop in February to 8.12%, at that point a two-year ... Read More

Best HELOC Rates Of 2025: Compare Low APRs – Forbes Advisor

If you’re considering using a home equity line of credit (HELOC) to get cash from your home but aren’t sure where to start, we’ve ranked the HELOC companies with most competitive interest ... Read More

Current Heloc Rates — And How To Get the Lowest Ones

In general, a Heloc has a higher starting interest rate than a first mortgage, but a lower rate than a home equity loan. Type of home loan Average interest rate as of June 18, 2025 ... Read More

Best Home Equity Loan Rates for 2025 - CNET

As of April 30, average home equity loan rates are 8.51% for a $30,000 10-year home equity loan and 8.42% for a $30,000 15-year home equity loan — higher than the average rate for a 30-year ... Read More

Current HELOC Rates September 2024 - Newsweek

HELOC interest rates have remained above 8% for more than a year now, with the average rate exceeding 10% at the end of 2023. Outside of a brief spike in early May, rates have stayed relatively ... Read More

How are HELOC and home equity loan rates determined? - AOL

Lenders evaluate a borrower’s credit score, amount of home equity, loan amount, loan term, and type of property to determine their rate offer. A home equity loan works more like a traditional ... Read More

Fixed-Rate HELOC: a Cross Between a HELOC and Home Equity Loan ...

Average HELOC interest rates vary based on your credit score, income, LTV ratio, current interest rates and many other factors. As of the publishing date of this article, the average interest rate ... Read More