FortuneJoseph Hostetler
Today’s home equity loan and HELOC rates, Nov. 2, 2026
Both a home equity loan and a home equity line of credit (HELOC) are financial products allowing you to tap equity you’ve built in your home by paying down your mortgage or buying with cash.
A major difference between the two is that a home equity loan is a one-time disbursement of funds, while a HELOC is a revolving line of credit you can borrow against multiple times. If you’re wondering whether this is a good time to access your equity, we’ll take a look at average rates nationwide according to the Mortgage Research Center.
Fortunereviewed the latest data available from MRC as of Oct. 30.
These rates are national averages based on an owner-occupied, single-family home with an 80% loan-to-value ratio, a $350,000 loan ($850,000 for non-conforming loans), and a 30- to 60-day rate…
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