Home EquityRate: 5.57 percent (line of credit); 8.61 percent (loan)
Rates on home equity products split this week.
The average home equity line of credit, or HELOC, fell 5 basis points, to 5.57 percent. Home equity loan rates ticked up 1 basis point, to 8.61 percent. Loan rates remain at their highest levels in more than seven years.
To find the best home equity loan rates in your area, check Bankrate's interactive tool.
-- Chris Kissell