As of October 15, 2025, the average home equity loan rate is 8.13%, according to Bankrate’s regular survey of rates. The average range is between 5.49% and 10.75%. Home equity loan interest rates also vary according to term length: These rates are lower compared to the week before, dipping to their lowest point in two years.

Home equity rates have dipped to their lowest levels since 2023, and that could open the door for more borrowers.

Owning a home is the biggest investment for most service members & vets, building net worth & generational wealth through equity.

Like a home equity loan, a Heloc is a type of debt based on how much value you’ve built in your house. However, a Heloc is a revolving line of credit rather than a lump sum loan. Most Helocs are divided into two parts:

Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.28%. On a 20-year mortgage refinance, the average rate is 6.06%. Related: Compare Current Refinance Rates 30-Year R