Rates — Equity

As of late April 2026, home equity rates are at their most affordable levels in roughly three years, following gradual Federal Reserve rate cuts throughout the year. : 7.91% (fixed).

These function like a "second mortgage" with a lump-sum payout and fixed monthly payments. : 7.24% (variable). equity rates

Home Equity Lines of Credit (HELOCs) act more like a credit card, where you draw only what you need and pay interest on that amount. : As of late April 2026, home equity rates