home equity

National home equity loan rates for June 21, 2012

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

Home Equity

  • 5.21% (line of credit)
  • 6.44% (loan)

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

The average home equity loan rate was down 4 basis points to 6.44 percent. The average home equity line of credit, or HELOC, was also down 4 basis points, coming in at 5.18 percent. A basis point is one-hundredth of 1 percentage point.

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
HOME EQUITY STRATEGIES & ADVICE NEWSLETTER

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

advertisement

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

Partner Center
advertisement

Connect with us