HELOC rates today, November 30, 2025: Best rates of 2025 for the popular home equity access solution

Core Insights - The average home equity line of credit (HELOC) interest rate is currently under 8%, with a recent low of 7.64% recorded in 2025 [1][2] - Homeowners have approximately $36 trillion in home equity, the highest on record, indicating significant potential for HELOC utilization [2] - With primary mortgage rates above 6%, homeowners are likely to retain their existing low-rate mortgages, making HELOCs an attractive alternative for accessing home equity [3] HELOC Interest Rates - HELOC rates are determined by an index rate plus a margin, with the current prime rate at 7.00% [4] - Lenders have flexibility in pricing HELOCs, and rates can vary significantly based on credit score and debt levels [5] - Current offers for HELOCs include rates as low as 6.38% for credit lines up to $150,000, but these rates are typically variable [8][10] HELOC Functionality - A HELOC allows homeowners to access their home equity without refinancing their primary mortgage, providing flexibility in borrowing [6] - Homeowners can withdraw funds as needed, only paying interest on the amount borrowed, which can be beneficial for managing cash flow [9] - Monthly payments on a $50,000 HELOC at a 7.50% interest rate would be approximately $313 during the draw period, but payments may increase during the repayment period [12] Current Market Conditions - The current environment is favorable for homeowners with low primary mortgage rates to consider HELOCs for various uses, including home improvements or personal expenses [11] - The average national HELOC rates may include introductory offers that can change after a set period, emphasizing the importance of comparing terms [5][10]