Heloc Rates 2024 California . Here are the average rates for home equity loans and home equity lines of credit as of july 24, 2024. Our introductory interest rate on a home equity line of credit (heloc) for 12 months is as low as 7.750% apr 2.
A heloc is a second mortgage that uses your home as collateral to let you borrow up to a certain amount over time. How to get the best heloc rate when shopping for a heloc, look for a competitive interest rate, repayment terms that meet your needs and minimal fees.
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