HELOC Rates Drop to 7.21%, Equity-Rich Homeowners Decline to 43.3%
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowIn the first quarter of 2026, 43.3% of properties with a mortgage were classified as 'equity-rich,' a decrease from 44.6% in the previous quarter, the lowest since Q4 2021. The average HELOC rate is currently 7.21%, with a national average home equity loan rate at 7.36%. HELOCs reached a 2026 low of 7.19% earlier in the year. Such declines in equity-rich homeowners and rising loan rates may affect borrowing capacity and homeowner decisions in the market.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Get the weekly market brief
One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.
Get stories like this as they break
Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.
