Average adjustable-rate HELOCs remain at 7.25% while fixed-rate home equity loans rise to 7.86%, per June 2026 data.
Average adjustable-rate home equity lines of credit stood at 7.25% on June 16, 2026, near the 2026 low of 7.19% observed in mid-May. Fixed-rate home equity loans averaged 7.86%, up from last month and above the year’s low of 7.36% in March and May.
The data reflects homeowners leveraging equity to avoid refinancing first mortgages locked at lower rates. The so-called lock-in effect persists as mortgage rates remain elevated, though home prices continue to firm and affordability improves year-over-year.
Rates are based on borrowers with credit scores of at least 780 and combined loan-to-value ratios below 70%.