Save Big Comparing Top Home Equity Loan Secrets
Real-World Examples and Statistics
According to a recent survey, the average interest rate for a home equity loan is approximately 6.03%3. However, this rate can vary significantly based on your credit score, loan amount, and lender. For instance, borrowers with excellent credit may qualify for rates as low as 3.5%, while those with lower credit scores might face rates exceeding 8%4.