National averages from the Mortgage Research Center showed no day-over-day change, with 10-year home equity loans at 8.252%, 15-year loans at 8.417%, and HELOCs at 8.295%.
U.S. average rates for home equity borrowing were unchanged as of August 6, 2026, with 10-year home equity loans at 8.252%, 15-year home equity loans at 8.417%, and home equity lines of credit, or HELOCs, at 8.295%, based on Mortgage Research Center data reviewed by Fortune. The averages are based on an owner-occupied, single-family home with an 80% loan-to-value ratio, a $350,000 loan, or $850,000 for non-conforming loans, a 30- to 60-day rate lock, and FICO scores of 620 or higher. Home equity loans deliver a lump sum repaid in fixed installments, while HELOCs let borrowers draw and repay repeatedly during a draw period before entering repayment. Rates available to individual borrowers can vary based on credit profile, home equity, debt-to-income ratio, loan size and term, and property type, with higher rates likely for second homes, investment properties, or situations where the home is worth less than the mortgage balance. The data underscores the trade-off in equity borrowing: lower rates and potentially larger borrowing limits than unsecured personal loans, but with foreclosure risk if payments are missed and upfront fees that typically run 2% to 5% of the loan value.