home equity

National home equity loan rates for June 23, 2011

Interest Rate Roundup
Home equity loan rate graph
Find the best home equity rates in your area.

Home Equity

  • 5.60% (line of credit)
  • 6.93% (loan)

Loans backed by home equity showed little movement in the latest Bankrate survey.

The typical home equity loan had an interest rate of 6.93 percent, up 1 basis point from a week earlier. A basis point is one-hundredth of 1 percentage point.

On a typical home equity line of credit, or HELOC, the interest rate was 5.6 percent, down 1 basis point.

-- Gregg Fields

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
HOME EQUITY STRATEGIES & ADVICE NEWSLETTER

Advice for homeowners looking for options to use their home’s equity wisely. Delivered monthly.

advertisement

Ask Dr. Don

Your credit and home need work?

Dear Dr. Don, I recently refinanced my house through an adjustable-rate mortgage with an interest rate of 3.25 percent. Before getting the $417,000 loan, the house was appraised for $710,000. The appraiser suggested ways... Read more

Partner Center
advertisement

Connect with us