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Home Equity

  • 5.25% (line of credit)
  • 6.48% (loan)

Rates on loans backed by home equity were mixed in Bankrate’s weekly survey.

The typical home equity loan rose 4 basis points to 6.48 percent. A basis point is one-hundredth of 1 percentage point. The typical home equity line of credit, or HELOC, was 5.25 percent, unchanged from last week.

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