Home equity loans and HELOC rates both reach 2023 lows
Yahoo Finance·2026-01-22 04:58

Mixed action for home equity rates in the latest week, with both products landing at their lowest level in three years. The benchmark five-year 30,000homeequityloanfellsixbasispointsto7.9230,000 home equity loan fell six basis points to 7.92%, according to Bankrate’s national survey of lenders. At the same time, the 30,000 home equity line of credit remained unchanged, holding at its three-year low of 7.44%. When rates hit those lows in 2023, demand for home equity borrowing picked up amid rising homeowner equity, growing household debt and stro ...