Home Equity Loan Rates Hold Steady as Borrowing Options Expand
Average rates for home equity lines of credit and loans remain near 7.5%, offering homeowners an affordable way to access cash without refinancing primary mortgages.
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Latest reporting and analysis tagged with borrowing.
Average rates for home equity lines of credit and loans remain near 7.5%, offering homeowners an affordable way to access cash without refinancing primary mortgages.
National average HELOC and home equity loan rates have fallen to 7.25% and 7.56% respectively, making them more affordable for homeowners with high equity.