The average rate on a home equity line of credit has decreased by 25 basis points since last week and now hovers just below 8.5%. If you have a strong credit score, low debt-to-income ratio, and significant equity in your home, you may qualify for an even lower rate. Dig deeper: How to use a HELOC to pay off debt (and when it makes sense) HELOC rates Saturday, September 27, 2025 According to Bank of America, the country's highest-volume HELOC lender, today's average APR on a 10-year draw HELOC is 8.47% ...