According to data from Bank of America, the largest HELOC lender in the country, the current average HELOC interest rate is 8.47% APR. With home equity line of credit rates at 2025 lows — and entering a cycle of lower interest rates — this may be the best time in years to apply for a HELOC. Dig deeper: Is now a good time to take out a HELOC? HELOC rates Monday, October 6, 2025 According to Bank of America, today's average APR on a 10-year draw HELOC ranges from 7.80% to 9.34%. That rate varies accordi ...