Heloc Rates In 2024. The average rate for home equity lines of credit hit 9.23%, its recent downward trend. Suppose a heloc lender bases its aprs on the prime rate, which was 8.50% as of may 2024, according to jp morgan & chase co.

Heloc rates ebb and flow along with the prime rate, which has steadily increased from a low of 3.25% in march 2020 to the current 8.50%, as of early. Loan type credit line amount term period current apr;