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 June 10, 2009.
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Home equity products
Rate: 5.67 percent (line of credit); 8.51 percent (loan)
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Rates on home equity products were split this week.
The average home equity line of credit, or HELOC, rose 5 basis points, to 5.67 percent. Home equity loan rates fell 9 basis points, to 8.51 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
