Truist Named Top HELOC Lender with Rates at 7.25% Average

Truist has been recognized as the top HELOC lender for June by Yahoo Finance. The average HELOC rate is currently 7.25%, with a low of 7.19% noted earlier in the year. Home equity loan rates average 7.86%, moving from a 2026 low of 7.36% observed in mid-March. As primary mortgage rates remain near 6%, Truist's offerings, including a credit line up to $1 million and flexible payment options, may appeal to homeowners looking to access their home equity without refinancing their primary mortgage.