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New year, new low in home equity rates. The $30,000 home equity line of credit (HELOC) plunged nine basis points to an average of 8.27 percent — its lowest level in a year and a half, according ...
In contrast, the average $30,000 home equity loan rate remained the same, at 8.41 percent. Since the Federal Reserve began cutting interest rates this autumn, HELOC rates have been trending lower.
The average rate on a $30,000 home equity line of credit (HELOC) steadied at 8.28 percent this week — close to its lowest level in a year and a half, according to Bankrate’s national survey of ...
In contrast to HELOCs’ significant drop, the average $30,000 home equity loan didn’t budge, remaining at 8.41 percent. Since the Federal Reserve began cutting interest rates this autumn, HELOC ...
Meanwhile, the average $30,000 home equity loan fell two basis points to 8.38 percent. Home equity rates, especially those of HELOCs, have been trending lower ever since the Federal Reserve began ...
What are average home equity loan interest rates? As of late April 2024, home equity loan rates for the benchmark $30,000 loan are averaging just over 9 percent, within a tight range of 8.5 to 10 ...