National average rates for home equity lines of credit (HELOCs) and home equity loans (HELs) are at or near 52-week lows. It's more important than ever to shop multiple lenders to get your best offer on a use-it-as-you-need-it or lump-sum second mortgage. HELOC and home equity loan rates: Sunday, January 11, 2026 According to real estate analytics firm Curinos, the average HELOC rate is 7.25%, down 19 basis points from last month. The national average rate on a home equity loan is 7.56%, three basis poi ...