HELOC Rates Remain Stable Ahead of Fed Rate Announcement
ByAinvest
Saturday, Aug 23, 2025 6:04 am ET1min read
BAC--
As of August 23, 2025, HELOC rates remain mostly unchanged with little movement expected before the next Federal Reserve interest rate announcement on September 17. The average APR on a 10-year draw HELOC is 8.72% according to Bank of America. Homeowners can access home equity with a use-it-as-you-need-it HELOC, which can be an alternative to selling their home with a low-interest primary mortgage. Lenders determine HELOC interest rates based on an index rate plus a margin, and rates can include introductory rates that may only last for six months or one year.
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