Heloc Rates January 2024. The federal funds rate rose by 23% from january 1, 2023, to january 1, 2024. If you’re on the hunt for a home equity line of credit (heloc), you won’t be surprised to learn that current heloc interest rates remain elevated, thanks to inflation.
Home equity loans and home equity lines of credit (helocs) allow homeowners to tap into the value of their homes. A heloc, or home equity line of credit, allows you to borrow against the value of your home.
