Home Equity Interest Rates 2024. Homeowners can get access to a large sum of cash at a fixed rate by borrowing against their property's value with a home equity loan. The average rate on a home equity line of credit (heloc) was unchanged at 8.94 percent as of oct.

Here’s what a $200,000 loan would cost monthly, then, tied to those two terms: The top home equity loan rates listed account for the lowest advertised apr (annual percentage rate), based on a borrower with a credit score of 700 or higher and a.