- 5.52% (line of credit)
- 6.74% (loan)
Rates on loans backed by home equity were mixed in Bankrate's weekly survey.
The typical home equity loan fell 3 basis points to 6.74 percent. A basis point is one-hundredth of 1 percentage point. The typical home equity line of credit, or HELOC, rose 1 basis point to 5.52 percent.