Heloc Rates April 2024. The average rate for home equity lines of credit hit 9.51%, to hold steady. A home equity line of credit, or heloc, is a second mortgage that lets you convert some of your equity in your home back into debt in exchange for cash.
The average rate for home equity lines of credit hit 9.23%, its recent downward trend. 2, the lowest level of the year, according to bankrate’s survey of.
