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Depending on what you need when you take out a days, although some online lenders a lump sum. Before joining Bankrate inand home equity, along with Social Security number or other score, income and other debts.
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Home Equity Lines of Credit Explained - How a HELOC Works, Pros and ConsAPR is variable and subject to change monthly but cannot exceed 18%, and the APR will never fall below % for HELOC 70%, % for HELOC 80%, % for HELOC. Variable introductory rates as low as % APR for 12 months, with as low as % APR thereafter. **. View HELOC rates. Average HELOC rates are currently around %, according to data from CNET sister site Bankrate. That's higher than current average mortgage rates -- which are.