Heloc Rates January 2024 In India. A home equity line of credit (heloc) is a type of second mortgage that homeowners can use to get cash to fund home improvement projects, debt consolidation, or other financial goals.  — today’s average heloc rate of 9.30% (for 80% ltvs and $100,000 credit lines) accounts for all repayment terms requested by prospective borrowers.

The best heloc lenders offer loans with beneficial features like no fees, lower minimum credit score requirements, large loan amounts,. The average rate for home equity lines of credit hit 9.52%, to hold steady.