home equity

National home equity loan rates for Aug. 12, 2010

Interest Rate Roundup
Home equity loan rate graph

Home Equity

  • 5.56% (line of credit)
  • 7.16% (loan)

Rates on home equity products split this week

The average home equity line of credit, or HELOC, edged up 1 basis point, to 5.56 percent.

Meanwhile, home equity loan rates fell 4 basis points, to 7.16 percent. That's the lowest rate since September 2005.

-- Chris Kissell

 

 

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