Here's a look at the state of home equity rates from Bankrate.com's weekly national survey of large banks and thrifts conducted April 14, 2010.
Home EquityRates: 5.66 percent (line of credit); 7.69 percent (loan)
Rates on home equity products edged downward.
The average home equity line of credit, or HELOC, fell 1 basis point, to 5.66 percent. Meanwhile, home equity loan rates also slipped 1 basis point, to 7.69 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