Here's a look at the state of home equity loan rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 16, 2009.Interest Rate RoundupMortgagesCDsAuto LoansHome EquityCredit CardsHome EquityRate: 5.6 percent (line of credit); 7.89 percent (loan)Rates on home equity products split this week.The average home equity line of credit, or HELOC, edged downward 1 basis point, to 5.6 percent. Home equity loan rates rose 4 basis points, to 7.89 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 advertisementRelated Links:3 steps to refinance your mortgageDon't turn HELOC into first mortgageHomeowners hope to slash HELOC costRelated Articles:Pay off student loansHome equity ratesHome equity rates
Here's a look at the state of home equity loan rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 16, 2009.
Rates on home equity products split this week.
The average home equity line of credit, or HELOC, edged downward 1 basis point, to 5.6 percent. Home equity loan rates rose 4 basis points, to 7.89 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
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