The current average HELOC rate is 7.75%, according to the analytics company Curinos. This is the lowest rate on home equity lines of credit so far in 2025. The highest average rate was 8.06% in January. HELOC rates have been steadily decreasing, so it could be a good time to tap into your home equity. Read more: Is now a good time to take out a HELOC? HELOC rates: Friday, October 10, 2025 According to Curinos data, the average weekly HELOC rate is 7.75%, down three basis points week over week and 31 ba ...

According to data from Bank of America, the largest HELOC lender in the country, the current average HELOC interest rate is 8.47% APR. With home equity line of credit rates at 2025 lows — and entering a cycle of lower interest rates — this may be the best time in years to apply for a HELOC. Dig deeper: Is now a good time to take out a HELOC? HELOC rates Monday, October 6, 2025 According to Bank of America, today's average APR on a 10-year draw HELOC ranges from 7.80% to 9.34%. That rate varies accordi ...

HELOC rates today average nationally at 8.47% APR. This is the lowest home equity line of credit available so far in 2025. Beginning interest rates, delivered by lenders as an introductory special offer, are also reaching new lows for the year. Dig deeper: Is now a good time to take out a HELOC? HELOC rates Wednesday, October 1, 2025 According to Bank of America, the largest HELOC lender in the country, today's average APR on a 10-year draw HELOC is 8.47%. That is a variable rate that kicks in after a ...

Group 1: HELOC Rates and Trends - Current average HELOC rates range from 7.8% to 9.34%, reflecting a decrease following the Federal Reserve's interest rate cut [1] - Bank of America reports an average APR of 8.47% for a 10-year draw HELOC, with a six-month introductory rate of 5.99% [1] - The prime rate is currently at 7.25%, which influences HELOC pricing [3] Group 2: Home Equity and Market Conditions - Homeowners have over $34 trillion in home equity as of the end of 2024, marking the third-largest amount on record [2] - With mortgage rates in the high 6% range, homeowners are likely to retain their low-rate primary mortgages, making HELOCs an attractive option for accessing home equity [2] Group 3: HELOC Mechanics and Considerations - HELOC interest rates are determined by an index rate plus a margin, with lenders having flexibility in pricing [4] - A HELOC allows homeowners to access equity without giving up their low-rate primary mortgage, providing flexibility in borrowing [5] - Introductory rates can be beneficial, but borrowers should be aware of potential rate adjustments after the initial period [7][10] Group 4: Financial Implications and Usage - Homeowners can use HELOC funds for various purposes, including home improvements and personal expenses, while maintaining their primary mortgage [10] - A $50,000 HELOC on a $400,000 home may result in monthly payments around $395, with a variable interest rate starting at 8.75% [11]