home equity

National home equity loan averages

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 Sept. 9, 2009.

Home Equity

Rates: 5.58 percent (line of credit); 8.08 percent (loan)

Rates on home equity products were split this week.

The average home equity line of credit, or HELOC, rose 3 basis points, to 5.58 percent. Home equity loan rates edged down 1 basis point, to 8.08 percent.

To find the best home equity loan rates in your area, check Bankrate's interactive tool.

-- Chris Kissell

 

advertisement

Start Here
Type of Loan:
Home Description:
Credit Profile:
Property Location:
* Please select a "Property Location"
Get up to Four Loan Offers in Minutes!
Compare low rates from the nation's top lenders and local brokers
  • Fill out our simple, secure form
  • Receive up to 4 loan offers
  • Choose the program that best fits your needs
Compare Home Equity Rates



advertisement
Home Equity Averages
Product Rate +/- Last week
30K HELOC
5.27%
5.26%
30K Home Equity Loan
8.23%
8.24%
50K HELOC
4.99%
4.98%
75K Home Equity Loan
7.94%
8.01%
View rates in your area:
home equity
Credit card debt may trump a home equity loan for a couple planning a home improvement project. 
advertisement
advertisement

Rates can change at a moment's notice.

Let us keep an eye on them with customized alerts.

Subscribe:RSS Feeds