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Home equity loan interest rates fell this week to their lowest level in two years, a Wednesday report revealed. The average rate for the benchmark five-year home equity loan is now just 7.99%, ...

Home equity rates ticked lower in the latest week, reaching levels not seen since 2023. The $30,000 home equity line of credit fell five basis points to 7.84 percent, according to Bankrate’s national ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

September brought good news for borrowers. The Federal Reserve conducted its first rate cut of the year, making the cost of borrowing less expensive. While a range of factors influence home equity ...

A split decision for home equity rates in the latest week. The $30,000 home equity line of credit rose one basis point to 7.85 percent, according to Bankrate’s national survey of lenders. Meanwhile, ...