U.S. markets open in 3 hours 56 minutes
  • S&P Futures

    4,078.50
    -2.75 (-0.07%)
     
  • Dow Futures

    34,548.00
    -51.00 (-0.15%)
     
  • Nasdaq Futures

    12,019.75
    -22.50 (-0.19%)
     
  • Russell 2000 Futures

    1,891.10
    +3.60 (+0.19%)
     
  • Crude Oil

    81.08
    +0.53 (+0.66%)
     
  • Gold

    1,793.20
    +33.30 (+1.89%)
     
  • Silver

    22.20
    +0.65 (+3.02%)
     
  • EUR/USD

    1.0441
    +0.0033 (+0.31%)
     
  • 10-Yr Bond

    3.7030
    0.0000 (0.00%)
     
  • Vix

    20.88
    -1.01 (-4.61%)
     
  • GBP/USD

    1.2145
    +0.0083 (+0.69%)
     
  • USD/JPY

    136.4710
    -1.6090 (-1.17%)
     
  • BTC-USD

    17,101.39
    +209.47 (+1.24%)
     
  • CMC Crypto 200

    405.06
    +4.37 (+1.09%)
     
  • FTSE 100

    7,579.60
    +6.55 (+0.09%)
     
  • Nikkei 225

    28,226.08
    +257.09 (+0.92%)
     

These are the latest HELOC rates, and the pros and cons of taking out a home equity line of credit

These are the latest HELOC rates, and the pros and cons of taking out a home equity line of credit

MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff is not involved in creating this content. Home equity line of credit (HELOC) rates for loans with a 10-year repayment period rose to 6.62%, according to Bankrate data from the week ending October 3. Rates on 20-year HELOCs also increased to 7.25%, up from 7.05%, and 30-year HELOCs hovered at 6.57%, down from 6.58% the week prior.