But beyond borrower preference, there are other reasons why home equity loans currently seem to be a better deal than HELOCs.

As of July 9, 2025, the average home equity loan rate is 8.26%, according to Bankrate’s regular survey of rates. The average range is between 5.49% and 10.47%. Home equity loan interest rates also ...

Experts say average 30-year fixed mortgage rates are likely to stay above 6.5% in the coming months, with a potential for small and temporary dips, not substantial drops. Prospective homebuyers are ...

When homeowners need flexible financing, a Home Equity Line of Credit (HELOC) stands out as a versatile and cost-effective ...

When homeowners need flexible financing, a Home Equity Line of Credit (HELOC) stands out as a versatile and cost-effective option. Unlike lump-sum loans or high-interest credit cards, a HELOC offers ...

Achieve reports veterans can consolidate debt using personal or home equity loans, potentially lowering payments and interest ...