The average national home equity line of credit interest rate remains under 8%, with the weekly rate at 7.64%, based on a minimum credit score of 780 and a 70% combined loan-to-value ratio. Homeowners have nearly $36 trillion in home equity, the highest on record. With mortgage rates above 6%, many opt to keep their low-rate primary mortgages and consider a HELOC. Different from primary mortgage rates, HELOC rates are based on an index rate plus a margin, offering flexibility for lenders. Shopping around for the best HELOC lender is key, as rates can vary from below 6% to 18%. It’s a good time for homeowners with low primary mortgage rates to consider a HELOC, tapping into equity for various needs. Keep in mind that a HELOC’s interest rate is typically variable, so be prepared for potential rate fluctuations.

Read more at Yahoo Finance: Best rates of 2025 for the popular home equity access solution