Current Home Equity Line Of Credit Rates. The apr for a wells fargo home equity line of credit is variable and based on the highest prime rate published in the western edition of the wall street journal money rates table called the index plus a margin. Because home equity rates are often variable rate products your rate will rise and fall due to.
Rates go as high as 13 74. Draw period repayment. Current heloc rates range between 2 99 percent and 21 percent depending on the borrower s creditworthiness and other factors.
The apr for a wells fargo home equity line of credit is variable and based on the highest prime rate published in the western edition of the wall street journal money rates table called the index plus a margin.
The rate survey assumes a borrower with a high credit score who has 200 000 in equity on a single family house worth 400 000 and wants a credit line of 75 000. Draw period of 5 years repayment terms up to 30 years. Because home equity rates are often variable rate products your rate will rise and fall due to. To get the best rates you ll have to have a high credit score a low.