Home Equity
- 5.45% (line of credit)
- 6.73% (loan)
Rates on loans backed by home equity were mixed in Bankrate's weekly survey.
The typical home equity loan rose 12 basis points to 6.73 percent. The typical home equity line of credit, or HELOC, was 5.45 percent, unchanged from last week. A basis point is one-hundredth of 1 percentage point.