HELOC Rates Drop, Home Equity Soars

Discover the current HELOC rates and how homeowners can leverage their home equity for financial flexibility. With average rates just under eight percent and a record $36 trillion in home equity, HELOCs offer a popular alternative to traditional loans for home improvements, debt consolidation, or large expenses. However, be mindful of introductory rates and compare fees and repayment terms to ensure its the right choice for you.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.