Home Equity
Rate: 5.61 percent (line of credit); 8.49 percent (loan)Rates on home equity products fell modestly this week.
The average home equity line of credit, or HELOC, slipped 6 basis points, to 5.61 percent. Home equity loan rates fell 2 basis points, to 8.49 percent.
To find the best home equity loan rates in your area, check Bankrate's interactive tool.
-- Chris Kissell