The average rate for a home equity loan is at its lowest level all year.
The average rate for a home equity line of credit (HELOC) is just a couple of basis points away from matching its own 2026 low
With rates at this level, be sure you compare the best home equity loan lenders and the best HELOC lenders to take advantage of these low rates and maximize your affordability. below on what the best home equity lenders offer. HELOC and home equity loan rates: Monday, May 18, 2026 The average HELOC adjustable rate is 7.21%, according to real estate data analytics company Curinos. The national average fixed rate on a home equity loan is 7.36%.
Both rates are based on applicants with a minimum credit score of 780 and a maximum combined loan-to-value ratio (CLTV) of less than 70%. HELOC or home equity loan: What are the benefits? A HELOC allows you to draw from your approved line of credit as you need it.