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HOME EQUITY NEWS
Keeping liquid when HELOC is frozen
Falling house values and the credit crisis have lenders freezing HELOCs. How can borrowers keep cash flowing?

National Home Equity Loan Rates
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NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
$30K HELOC 5.40% 5.40%
$50K HELOC 5.08% 5.09%
$30K Home Equity Loan 7.88% 7.87%
$50K Home Equity Loan 7.62% 7.63%
$75K Home Equity Loan 7.62% 7.61%
Rates may include points

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HOME EQUITY NEWS THIS WEEK
You can deduct the interest on up to $100,000 of home equity debt that is used for any purpose. See rates from our national survey of mortgages, home equity loans, auto loans, credit cards and CDs. Whether it's a fresh coat of paint or a total home renovation, sooner or later it comes down to paying for it. Tapping your home equity is not always a wise money move. In some cases it's always a bad move.
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