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HELOC and fixed home equity loan rates differ by 19 basis points
Curinos data shows the average HELOC adjustable rate at 7.16% and the fixed-rate home equity loan average at 7.35%, with both calculated using minimum 780 credit scores and CLTV below 70%.
Yahoo Finance, citing Curinos, said the spread between the current home equity loan rate and the average HELOC rate is 19 basis points. The outlet reported that most HELOCs are variable-rate products, with rates tied to an external benchmark such as the prime rate, so borrowers typically see changes when that underlying rate moves.
Curinos data cited by Yahoo Finance put the average HELOC adjustable rate at 7.16%, described as a new 2026 low. The national average rate on a fixed-rate home equity loan was 7.35%, slightly higher than its late-June 2026 low of 7.31%.
Yahoo Finance also noted that both rates are based on applicants with a minimum credit score of 780 and a maximum combined loan-to-value ratio below 70%. The article added that lenders may charge margins above benchmark rates based on borrower risk factors such as credit score, debt-to-income ratio, and loan-to-value ratio, and that origination fees and other closing costs may apply.