HELOC and home equity loan rates today, January 7, 2026: A price break for tapping a home's value

Rates for home equity lines of credit and home equity loans are hovering over 7.5%. HELOCs and HELs are the most affordable in a long time, giving homeowners a price break when tapping their home's value — without selling or refinancing into a higher mortgage rate. HELOC and home equity loan rates: Wednesday, January 7, 2026 Today's national average monthly HELOC rate is 7.44%. The average rate on a home equity loan is 7.59%, according to data analytics company Curinos. Both rates are based on applicant ...