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 Nov. 10, 2009.Interest Rate RoundupMortgagesCDsAuto LoansHome EquityCredit CardsHome EquityRate: 5.59 percent (line of credit); 7.9 percent (loan)Rates on home equity products split this week.The average home equity line of credit, or HELOC, fell 2 basis points, to 5.59 percent. Home equity loan rates rose 2 basis points, to 7.9 percent.To find the best home equity loan rates in your area, check Bankrate's interactive tool.See all home equity interest rate stories.-- Chris Kissell advertisementRelated Links:National home equity loan averagesWhat lenders look forKnow risks before tapping home equityRelated Articles:Home equity ratesTrimming HELOC costsDon't make HELOC top dog
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 Nov. 10, 2009.
Rates on home equity products split this week.
The average home equity line of credit, or HELOC, fell 2 basis points, to 5.59 percent. Home equity loan rates rose 2 basis points, to 7.9 percent.
To find the best home equity loan rates in your area, check Bankrate's interactive tool.
See all home equity interest rate stories.
-- Chris Kissell
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A little research could save you BIG on interest.