HELOC rates today, November 10, 2025: Tapping your home's equity at its lowest cost of the year

Core Insights - The current national average HELOC rate is 7.64%, with a significant amount of home equity available to homeowners, exceeding $34 trillion at the end of 2024 [1][2] Group 1: HELOC Rates and Trends - The average weekly HELOC rate is 7.64%, applicable to applicants with a minimum credit score of 780 and a maximum combined loan-to-value ratio of 70% [2] - HELOC interest rates are influenced by the prime rate, which is currently at 7.00%, plus a margin set by lenders [4] - Rates can vary significantly among lenders, ranging from nearly 6% to as high as 18%, depending on creditworthiness and shopping diligence [11] Group 2: HELOC Features and Benefits - A HELOC allows homeowners to access their home equity without giving up their low-rate primary mortgage, providing flexibility in borrowing [6] - Introductory rates, such as FourLeaf Credit Union's 5.99% for 12 months, can be beneficial, but borrowers should be aware of future rate adjustments [8] - The structure of a HELOC enables homeowners to borrow only what they need, avoiding interest on unused credit [9] Group 3: Financial Considerations - For homeowners with low primary mortgage rates, obtaining a HELOC is considered advantageous, allowing for cash use in home improvements or other expenses without losing favorable mortgage terms [12] - A $50,000 HELOC at a 7.50% interest rate would result in a monthly payment of approximately $313 during the draw period, but rates are typically variable, leading to increased payments over time [13]