Home Equity Loan Rates: A Mixed Bag for Borrowers The latest numbers from Curinos show that the average home equity loan (HEL) rate has risen to 7. 42%, while the HELOC adjustable rate remains a relatively low 7. 09%.
The difference of 33 basis points might seem like a straightforward choice between the two products, but it's clear that there's more to consider than just interest rates.
A key factor is how each product works in relation to the prime rate.