Home Equity
Rate: 5.63 percent (line of credit); 8.06 percent (loan)Rates on home equity products jumped this week, with loans and lines of credit registering their biggest weekly rises since early March.
The average home equity line of credit, or HELOC, jumped 8 basis points, to 5.63 percent. Home equity loan rates rose 6 basis points, to 8.06 percent.
To find the best home equity loan rates in your area, check Bankrate's interactive tool.
-- Chris Kissell