Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts conducted July 29, 2009.
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Home equity products
Rate: 5.75 percent (line of credit); 8.43 percent (loan)
Rates on home equity products were split this week.
The average home equity line of credit, or HELOC, edged up 1 basis point, to 5.75 percent. Home equity loan rates remained unchanged at 8.43 percent.
To find the best home equity loan rates in your area, check Bankrate's interactive tool.
-- Chris Kissell |
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July 30 - Aug. 5
