Here's a look at the state of home equity rates from Bankrate.com's weekly national survey of large banks and thrifts conducted May 19, 2010.Interest Rate RoundupMortgagesCDsAuto LoansHome EquityCredit CardsHome EquityRates: 5.63 percent (line of credit); 7.37 percent (loan)Rates on home equity products fell this week.The average home equity line of credit, or HELOC, fell 3 basis points, to 5.63 percent.Meanwhile, home equity loan rates fell 4 basis points, to 7.37 percent. That's the lowest rate since November 2005.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 advertisementRelated Links:Home Equity Rates for May 6, 2010National home equity loan rates: April 29, 2010Home equity loan or line of credit?Related Articles:Home equity ratesCalm HELOC fear by savingHome equity rates
Here's a look at the state of home equity rates from Bankrate.com's weekly national survey of large banks and thrifts conducted May 19, 2010.
Rates on home equity products fell this week.
The average home equity line of credit, or HELOC, fell 3 basis points, to 5.63 percent.
Meanwhile, home equity loan rates fell 4 basis points, to 7.37 percent. That's the lowest rate since November 2005.
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
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