Updated Weekly

HELOC Rates

Home Equity Line of Credit. Access your home equity with flexible borrowing.

Sunday, May 17, 2026

Current Average Rate

8.50%

-0.02% vs last week

10-Week Low

8.22%

10-Week High

8.58%

Rate History

Jan 1Feb 5Mar 4

Compare Lender Rates

Lender	Rate	APR	Points	Est. Payment*	Fees
National Bank	8.38%	8.43%	None	Variable	$500
Credit Union Plus	8.25%	8.30%	None	Variable	$350
Bank of America	8.50%	8.54%	None	Variable	$600
Chase	8.63%	8.67%	None	Variable	$450
Wells FargoBest	8.13%	8.19%	None	Variable	$400

*Based on $300,000 loan amount. Rates are samples for illustration purposes. Actual rates vary.

HELOC Tips

HELOC rates are typically variable and tied to the prime rate

Most HELOCs have a 10-year draw period followed by a 20-year repayment period

You only pay interest on the amount you actually borrow, not the full credit line

Some lenders offer an introductory fixed rate for the first 6-12 months

Interest may be tax-deductible if funds are used for home improvements

Keep your combined LTV (mortgage + HELOC) below 80% for the best rates

About HELOC Rates

Home Equity Line of Credit. Access your home equity with flexible borrowing. The current average rate is 8.50%, which has decreased compared to last week.

Over the past 10 weeks, rates have ranged from a low of 8.22% to a high of 8.58%, a spread of 0.36 percentage points.

Rates Are Samples

Rates shown are for informational purposes. Your actual rate depends on credit score, down payment, loan amount, property type, and lender. Always compare multiple offers.