home equity

National home equity loan rates for Sept. 9, 2010

Interest Rate Roundup
Home equity loan rate graph

Home Equity

  • 5.46% (line of credit)
  • 7.13% (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 Sept. 1, 2010.

Rates on home equity products fell this week.

The average home equity line of credit, or HELOC, edged down 1 basis point, to 5.46 percent.

Meanwhile, home equity loan rates fell 2 basis points, to 7.13 percent. That's the lowest rate since July 2005.

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

-- Chris Kissell

 

 

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

Tap HELOC to cover college costs?

Dear Dr. Don, I have a home equity line of credit, or HELOC, for $110,000 that expires in September 2016. I do not have a mortgage. I won't need to use the home equity line until 2015 when my children head to college. I'd... Read more

Partner Center
advertisement

Connect with us