home equity

National home equity loan rates for Oct. 30, 2014

Interest Rate Roundup
Find the best home equity rates in your area.

Home Equity

  • 4.79% (line of credit)
  • 6.17% (loan)

Rates on loans backed by home equity increased slightly this week, according to Bankrate's latest survey of interest rates.

The typical home equity loan rose 2 basis points to 6.17 percent. A basis point is one-hundredth of 1 percent.

The typical home equity line of credit, or HELOC, rose 2 basis points to 4.79 percent.

Potential decreases in home equity loan rates were offset by a change in the makeup of the survey group.

 

 

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