Interest Rate Roundup
- Line of credit: 4.73%
- Loan: 6.08%
Rates on loans backed by home equity were mixed in Bankrate's weekly survey.
The typical home equity loan fell 3 basis points to 6.08 percent. A basis point is one-hundredth of 1 percent.
The typical home equity line of credit, or HELOC, stayed at 4.73 percent.