HELOC Rates at 7.24% Remain Near Three-Year Lows as Fed Holds Steady

AI Summary

HELOC rates average 7.24%, with a 52-week low of 7.19% recorded in January, indicating a stable market for home equity loans. The national average for home equity loans is at 7.37%, the lowest since December 2025. Current rates are influenced by the prime rate of 6.75%, with potential margins varying based on lender criteria. The Federal Reserve is not expected to change rates for the remainder of the year, which may contribute to the stability of these numbers for homeowners.