Interest Rate RoundupMortgagesCDsAuto LoansHome EquityCredit CardsFind the best home equity rates in your area.Home Equity5.26% (line of credit)6.47% (loan)Rates on loans backed by home equity were unchanged in Bankrate's weekly survey.The typical home equity loan was 6.47 percent. The typical home equity line of credit, or HELOC, was 5.26 percent.See all interest rates content
Rates on loans backed by home equity were unchanged in Bankrate's weekly survey.
The typical home equity loan was 6.47 percent. The typical home equity line of credit, or HELOC, was 5.26 percent.
More On Home Equity Loans:
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
Timely market news and advice for consumers ready to buy, sell or invest in real estate. Delivered weekly.
Dear Dr. Don, We have owned our home for five years. It's currently valued at $325,000. We'd like to borrow $50,000 to $70,000 for college costs. Can we take out a second mortgage at a lower interest rate, or must we take... Read more