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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HELOC vs. reverse mortgage?

Dear Senior Living Adviser, If you have a home equity line of credit , or HELOC, for $150,000 with no balance on it, should you use it instead of a reverse mortgage? Which is a better way to save the assets if there is... Read more

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