HELOC and home equity loan rates, Monday, May 25, 2026: With rates at yearly lows, learn how quickly you can close
Key takeaways
- Personal Finance / Mortgages Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations.
- The exact time it takes from start to finish depends on your home equity loan lender.
- The average HELOC adjustable rate is 7.21%, according to real estate data analytics company Curinos.
Personal Finance / Mortgages Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
HELOC and home equity loan rates, Monday, May 25, 2026: With rates at yearly lows, learn how quickly you can close Tim Manni · Lead Editor Mon, May 25, 2026 at 5:00 PM GMT+7 4 min read According to the Mortgage Bankers Association, the industrywide average number of days to close a home equity loan is 39 days. The exact time it takes from start to finish depends on your home equity loan lender. For example, Better Mortgage, rated by Yahoo Finance as the best home equity loan lender, claims it can close on HELs in only three days
The average HELOC adjustable rate is 7.21%, according to real estate data analytics company Curinos. The national average fixed rate on a home equity loan is 7.36%. Both rates are based on applicants with a minimum credit score of 780 and a maximum combined loan-to-value ratio (CLTV) of less than 70%.