HELOC rates have dropped to three-year lows, with a $30,000 line of credit falling to 7.44%. The benchmark five-year home equity loan rose slightly to 7.98%. Rates are influenced by Federal Reserve policy and long-term inflation expectations, with the Fed cutting rates three times in 2025. Analysts predict rates may fall further in 2026 with more Fed cuts. Home equity borrowing may increase as the economy stays strong. HELOCs and home equity loans are more affordable than credit cards or personal loans. Your specific rate depends on factors like creditworthiness and home value.

Read more at Yahoo Finance: HELOCs plunge to lowest level in three years; home equity rates tick slightly higher