Rates for second mortgages, such as home equity loans and lines of credit, are as low as they've been in years. HELOC introductory rates, the "teaser" rates that are well below market, are also surprisingly low. One Baltimore-area credit union, APGFCU, is offering a 1.99% APR intro rate for one year. HELOC and home equity loan rates: Friday, February 13, 2026 According to real estate analytics firm Curinos, the average HELOC rate is 7.23%, down two basis points from one month ago. The national average ra ...