- 5.16% (line of credit)
- 6.38% (loan)
Rates on loans backed by home equity barely changed in Bankrate's weekly survey.
The typical home equity loan fell 1 basis point to 6.38 percent. The typical home equity line of credit, or HELOC, was 5.16 percent, the same as last week. A basis point is one-hundredth of 1 percentage point.