The Fed’s first 2025 rate cut pushed HELOCs to 7.88% and home equity loans to 8.19%.
By year’s end, HELOCs may hit 7.3%, loans near 7.9%.
Total Fed cuts from Sep 2024–Dec 2025 could reach 175 basis points, further lowering rates.
Homeowner equity totals $17.5 trillion, about $307,000 per household.
Home equity lending surged 16% last quarter, $52 billion pulled out.
