Rates for home equity lines of credit and home equity loans are generally immune to the bond market volatility of mortgage rates. HELOCs and HELs are driven by the prime interest rate, which is at its lowest level since late 2022. HELOC and home equity loan rates: Wednesday, January 21, 2026 Today's national average monthly HELOC rate is 7.25%. The average rate on a home equity loan is 7.56%, according to data analytics company Curinos. Both rates are based on applicants with a minimum credit score of 7 ...