National average HELOC rates remain at 7.25% for June 17, 2026, with home equity loans averaging 7.86%, per Curinos data.
The national average adjustable-rate HELOC stood at 7.25% on June 17, 2026, while fixed-rate home equity loans averaged 7.86%. These rates apply to borrowers with a minimum 780 credit score and a 70% combined loan-to-value ratio, according to data analytics firm Curinos.
HELOC rates are tied to the prime rate, currently 6.75%, plus a lender-specific margin. For example, a 0.75% margin would yield a 7.50% HELOC rate. Home equity loans, as fixed products, may carry different margins, contributing to rate variations across lenders.
Lender pricing methodologies for second mortgages vary, making rate shopping critical even in a low-rate environment. Factors such as credit score, debt load, and loan-to-value ratio influence the final locked-in rate.