- 5.42% (line of credit)
- 7.08% (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 Oct. 27, 2010.
Rates on home equity products fell this week.
The average home equity line of credit, or HELOC, fell 2 basis points, to 5.42 percent.
Meanwhile, home equity loan rates slipped 2 basis points, to 7.08 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