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 21, 2010.Interest Rate RoundupMortgagesCDsAuto LoansHome EquityCredit CardsHome EquityRates: 5.7 percent (line of credit); 7.6 percent (loan)Rates on home equity products split this week.The average home equity line of credit, or HELOC, rose 4 basis points, to 5.7 percent.Meanwhile, home equity loan rates slid 9 basis points, to 7.6 percent. That's the lowest rate since April 2006.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:National home equity loan ratesNational home equity loan ratesMake home improvements nowRelated Articles:Loan or line of credit?Equity refi not cheapHELOC rate likely to rise
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 21, 2010.
Rates on home equity products split this week.
The average home equity line of credit, or HELOC, rose 4 basis points, to 5.7 percent.
Meanwhile, home equity loan rates slid 9 basis points, to 7.6 percent. That's the lowest rate since April 2006.
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
A little research could save you BIG on interest.
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