What are today's HELOC and home equity loan interest rates?

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Updated on: March 17, 2026 / 9:24 AM EDT / CBS News
In the elevated interest rate climate of recent years, there have been few affordable borrowing options to choose from.

Personal loan interest rates , for example, have been frozen at around 12% for months while credit card interest rates have declined recently, but only from a recent record high of 23%.

Double-digit rates for both make borrowing with either especially cost-prohibitive right now, even with the potential for interest rate cuts to be issued later in 2025.

The average HELOC rate is now 7.18%, according to Bankrate .

However, all of these rates are nationwide averages, and the offers you may receive will be impacted by location, lender, credit profile, and more.

Take the time, then, to shop around to find the lowest rates and best terms.