Home Equity Loan Rates For February 2024. Most lenders require a cltv ratio of at least 80%. Here are some of the best rates for a home equity line of credit (heloc) to help you save costs.
As of july 24, 2024, the current average home equity loan interest rate is 8.59 percent. If you need to consolidate debt, renovate your house or cover another major cost — a home equity loan could help.