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HELOCs Outperform Home Equity Loans Amidst Falling Interest Rates
In spring 2025, HELOC interest rates average 7.90%, half a percentage point lower than home equity loan rates (8.40%), offering homeowners significant savings and flexibility due to their variable rate and interest-only draw period.
HELOCs Outperform Home Equity Loans Amidst Falling Interest Rates
In spring 2025, HELOC interest rates average 7.90%, half a percentage point lower than home equity loan rates (8.40%), offering homeowners significant savings and flexibility due to their variable rate and interest-only draw period.
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