Current HELOC & Home Equity Loan Rates

Current HELOC & Home Equity Loan Rates: January 23, 2025—Rates Are Mixed
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home’s value and pay that amount back in monthly installments.
HELOCs steady, home equity loans up before the Fed’s first 2025 meeting
For homeowners looking to tap record amounts of home equity, the good news could well be ongoing. Bankrate Chief Financial Analyst Greg McBride, CFA, forecasts that HELOC rates will continue to decline in 2025, averaging 7.25 percent, their lowest level in three years.
HELOCs vs. home equity loans: Which is safer for 2025?
Both HELOCs and home equity loans have unique risks (and safety features) that borrowers should be aware of for 2025.
HELOC rates tumble at the start of 2025; home equity loan rates rise
For homeowners looking to tap into their record amounts of home equity, the good news could well be ongoing. Bankrate Chief Financial Analyst Greg McBride, CFA, forecasts that HELOC rates will continue to decline in 2025, averaging 7.25 percent, their lowest level in three years.
HELOC and home equity loan rates stabilize
The average rate on a $30,000 home equity line of credit (HELOC) steadied at 8.28 percent this week — close to its lowest level in a year and a half, according to Bankrate’s national survey of lenders. In contrast, the average $30,000 home equity loan rate dipped to 8.40 percent.
HELOC interest rates drop to 18-month low: Should you open one now?
HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.
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NerdWallet on MSN1d
A Rule of Thumb for Using Home Equity
Experts recommend keeping HELOC borrowing small and short-term to avoid higher payments from rising rates. Consider ...
When will HELOC interest rates drop again?
Fortunately, interest rates on HELOCs have been on a steady decline for much of the last year. After falling for most of 2024 ...
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See Current HELOC Rates and the Best HELOC Lenders
See how we rate mortgages to write unbiased product reviews. HELOC rates are a little higher than current mortgage rates, but they could still allow a homeowner to save money on borrowing for ...
Forbes2d
Best HELOC Rates Of January 2025
Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...
CNET16d
Best Home Equity Line of Credit (HELOC) Rates for January 2025
Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...