The difference between the current home equity loan rate and the average HELOC rate is 19 basis points, according to Curinos, a real estate data analytics company.
Choosing the right loan option doesn’t come down to just rates
It’s how you plan to use your funds that will dictate the loan product that is best for you. HELOC and home equity loan rates: Monday, August 10, 2026 The average HELOC adjustable rate is 7.16%, a new 2026 low, according to real estate data analytics company Curinos. The national average rate on a fixed-rate home equity loan is 7.35%, up slightly from its 2026 low of 7.31% in late June.
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%. How do HELOC interest rates work? Most HELOCs are variable-rate products, meaning their interest rates are tied to an external interest rate.