home equity

National home equity loan rates for June 14, 2012

Interest Rate Roundup
Home equity loan rate graph
Find the best home equity rates in your area.

Home Equity

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

Rates on home equity loans and lines of credit were unchanged this week.

The average home equity loan rate is 6.48 percent for the second week. The average home equity line of credit, or HELOC, is still 5.25 percent.

 

 

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Advice for homeowners looking for options to use their home’s equity wisely. Delivered monthly.

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Ask Dr. Don

Time to sound HELOC alarm bells?

Dear Dr. Don, I have a variable-rate home equity line of credit, or HELOC, at 2.9 percent. I'd like to convert it to a fixed-rate mortgage. I have 20 years remaining to pay off the home equity line. Would it be beneficial... Read more

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