- 4.77% (line of credit)
- 6.15% (loan)
Rates on loans backed by home equity were mixed this week, according to Bankrate's latest survey of interest rates.
For the fifth week in a row, the typical home equity loan was 6.15 percent.
The typical home equity line of credit, or HELOC, fell 1 basis point to 4.77 percent. A basis point is one-hundredth of 1 percent.