- 5.25% (line of credit)
- 6.5% (loan)
Rates on loans backed by home equity were mixed in Bankrate's weekly survey.
The typical home equity loan fell 1 basis point to 6.5 percent. The typical home equity line of credit, or HELOC, rose 5 basis points to 5.25 percent. A basis point is one-hundredth of 1 percentage point.