How Do I -- Home Equity

Keep it simple! Bankrate’s How Do I series offers simple, step-by-step guidance for life’s money moves. Here’s what you need to know about home equity loans.

Home equity loans archive

How do I ... Choose a home equity loan or a HELOC?

Article: Step by step guide to choosing between a home equity loan or a HELOC.

How do I: Decide to remodel or buy a new home?

Article: Here's a guide to help you decide if you should remodel or buy a new home.

How do I: Claim a tax deduction for home equity interest

Article: If you've taken out a home equity loan or HELOC, don't forget you can deduct the interest.

How do I: Understand my mortgage?

Article: Here's a guide to finding out what type of mortgage you have, and its terms and conditions.

How do I: Find the best home equity loan rate?

Article: A step-by-step guide to finding the best home equity loan or HELOC rate.

List of all archives

About this index

Overnight Averages

Product	Rate	+/-	Last week
30 yr fixed mtg	3.60%		3.52%
15 yr fixed mtg	2.74%		2.71%
5/1 ARM	2.54%		2.57%

View rates in your area:

Product	Rate	+/-	Last week
$30K HELOC	4.99%		5.00%
$30K home equity loan	6.19%		6.21%
$50K HELOC	4.56%		4.58%

View rates in your area:

Product	Rate	+/-	Last week
48 month used car loan	2.93%		3.10%
48 month new car loan	2.45%		2.45%
36 month used car loan	2.88%		2.93%

View rates in your area:

Product	Yield	+/-	Last week
6 month CD	0.41%		0.43%
1 yr CD	0.62%		0.63%
5 yr CD	1.22%		1.24%

Compare rates:

Product	Rate
Balance Transfer Cards	15.92%
Cash Back Cards	16.34%
Low Interest Cards	11.01%

Compare rates:

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