Home Equity
- 5.38% (line of credit)
- 6.82% (loan)
Rates on loans backed by home equity edged down in Bankrate's weekly survey.
The typical home equity loan had an interest rate of 6.82 percent, down 2 basis points compared to last week.
The typical home equity line of credit, or HELOC, fell 4 basis points to 5.38 percent.