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Home Equity Line of Credits (HELOCs), otherwise known as Secured Line of Credits (SLOCs), remain a popular choice for Canadians looking to access home equity on an ongoing basis. Most lenders will cap the line-of-credit portion at 65% of a property's appraised value, with many allowing a combination of HELOC and mortgage up to 80% of value.

HELOC Current Market Statistics

Total Rates: 5
Average Rate: 4.50%
Highest Rate: 4.70%
Lowest Rate: 4.20%

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Current HELOC Rates

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Interest Rate, Low to High
5 Rates Found