home equity

National home equity loan rates for Nov. 24, 2010

Interest Rate Roundup
Home equity loan rate graph

Home Equity

  • 5.48% (line of credit)
  • 7.05% (loan)

Here's a look at the state of home equity rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Nov. 23, 2010.

Home equity products showed a divergent pattern this week, with rates on home equity loans declining slightly and rates for home equity lines of credit, or HELOCs, rising.

The rate for home equity loans dropped to 7.05 percent, down from 7.09 percent last week.

However, HELOCs went in the opposite direction, rising to 5.48 percent from 5.43 percent.

To find the best home equity loan rates in your area, check Bankrate's interactive tool.

See all home equity loan rates content.

-- Gregg Fields




Show Bankrate's community sharing policy
          Connect with us

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


Ask Dr. Don

Use home loan for college costs?

Dear Dr. Don, We have owned our home for five years. It's currently valued at $325,000. We'd like to borrow $50,000 to $70,000 for college costs. Can we take out a second mortgage at a lower interest rate, or must we take... Read more

Partner Center

Connect with us