Home equity loan rates for the week of Aug. 26, 2024

Illustration of a man running uphill toward a white house. (Credit: Illustration by Josie Norton)

Since the Federal Reserve started increasing its benchmark rate last year to rein in inflation, interest rates on everything from mortgages to home equity loans have risen, too. The target range for the federal funds rate remains high, clocking in at 5.25% to 5.50%.

Learn more: Compare current mortgage interest rates.