Lowest Rates for Home Equity Loans – Complete Analysis

Are you curious about home equity loans? You’re not alone. Every month, over 6,900 people visit our website looking for guidance on these secured loans.

This article is here to help you understand:

•  What a home equity loan is
•  The true cost of a not-so-good home equity loan
•  How a home equity loan can be used
•  The good and bad sides of a home equity loan
•  The common time to pay back a home equity loan

We know that it can be tricky to understand all the details about home equity loans. But don’t worry; we’re here to make things clear and help you make the best decision for your situation.

What are the lowest home equity loan rates?

At the time of writing the lowest home equity loans and HELOCs have an interest rate of around 2%.

With a home equity line of credit, the interest rate is variable and may dip below this figure in some circumstances for a period of time while you repay the loan.