HELOC and home equity loan rates Sunday, January 18, 2026: Significant decreases since last year

Interest rates on home equity lines of credit (HELOCs) and home equity loans have decreased significantly over the last year. The average HELOC rate was over 8% last January, and it has since dropped by 81 basis points. The annual home equity loan rate is down 40 basis points. It could be a good time to lock in a rate on a second mortgage. HELOC and home equity loan rates: Sunday, January 18, 2026 According to real estate analytics firm Curinos, the average HELOC rate is 7.25%, down 19 basis points from ...