HELOC and home equity loan rates today, February 24, 2026: Existing customers may earn discounts

<2>HELOC and Home Equity Loan Rates Today: Existing Customers May Earn Discounts

<3>Introduction

As of February 24, 2026, home equity loan and line of credit (HELOC) rates are experiencing fluctuations based on current market conditions. Borrowers who are existing customers with their lenders may be eligible to earn discounts on their rates, making it an ideal time to explore these options.

<3>Current Market Trends

The current housing market is characterized by rising interest rates, which have led to increased borrowing costs for consumers. However, existing customers with their lenders may be able to take advantage of discounted rates, making it a more attractive option for those looking to tap into their home equity.

<4>HELOC Rates Today

According to recent data from Bloomberg, the average HELOC rate for 5/1 ARMs is around 6.25%, while 10/1 ARMs are averaging around 6.50%. For fixed-rate HELOCs, the average rate is around 6.00%.

<4>Home Equity Loan Rates Today

Home equity loan rates are also experiencing