Here's a look at the state of home equity loan rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 2, 2009.Interest Rate RoundupMortgagesCDsAuto LoansHome EquityCredit CardsHome EquityRate: 5.6 percent (line of credit); 7.86 percent (loan)Home equity loan rates fell this week.The average home equity line of credit, or HELOC, edged downward 1 basis point, to 5.6 percent. Home equity loan rates slipped 2 basis points, to 7.86 percent.To find the best home equity loan rates in your area, check Bankrate's interactive tool.See all home equity loan rates content.-- Chris Kissell advertisementRelated Links:What lenders look forKnow risks before tapping home equityHow do I ... Claim a tax deduction for home equity interestRelated Articles:Trimming HELOC costsDon't make HELOC top dogHome equity rates
Here's a look at the state of home equity loan rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 2, 2009.
Home equity loan rates fell this week.
The average home equity line of credit, or HELOC, edged downward 1 basis point, to 5.6 percent. Home equity loan rates slipped 2 basis points, to 7.86 percent.
To find the best home equity loan rates in your area, check Bankrate's interactive tool.
See all home equity loan rates content.
-- Chris Kissell
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