- 5.24% (line of credit)
- 6.53% (loan)
Rates on loans backed by home equity were mixed in Bankrate's weekly survey.
The typical home equity loan fell 5 basis points to 6.53 percent. The typical home equity line of credit, or HELOC, fell 14 basis points to 5.24 percent. A basis point is one-hundredth of 1 percentage point.