HELOC rates hit 7.25% on June 21, 2026
The average HELOC rate is 7.25%, with rates based on applicants having a minimum credit score of 780 and a maximum combined loan-to-value ratio of less than 70%.
Home equity loan rates are higher, averaging 7.86%, far from the 2026 low of 7.36% seen in mid-March, April, and May.
Homeowners with equity and low primary mortgage rates may consider a home equity line of credit or loan to access their home’s increasing value.