Home equity calculator | Home equity loan rates
Follow Us: Google+
 
Bankrate.com

PrintSubscribe
home equity

National home equity loan rates for Oct. 11, 2012

By Polyana da Costa • Bankrate.com

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

Home Equity

  • 5.12% (line of credit)
  • 6.28% (loan)

Rates on loans backed by home equity barely changed in Bankrate's weekly survey.

The typical home equity loan was 6.28 percent, the same as last week.

The typical home equity line of credit, or HELOC, fell 3 basis points to 5.12. A basis point is one-hundredth of 1 percentage point.

More On Home Equity Loans:

Create a news alert for "home equity"

 

 

advertisement

Polyana da Costa is a Bankrate staff reporter following the mortgage and real estate beats. Prior to joining Bankrate, she wrote for the Daily Business Review where she covered an array of issues related to the foreclosure crisis. Connect with Polyana da Costa on Google+.
Bankrate.com's corrections policy
Posted: Oct. 11, 2012
Show Bankrate's community sharing policy
            Connect with us
Compare Home Equity Rates



About our rates
advertisement
Most Read
  1. 10 ways to turn off a homebuyer
  2. No more Social Security at 62?
  3. What TV homes cost in real life
  4. 5 frugal ways to expand living space
  5. Naughty things credit card won't buy
  6. What it takes to remodel kitchen
  7. Danny Bonaduce's house for rent
  8. Bruce Willis' house for sale
  9. 12 meanest cars for the environment
  10. Celebrity estate planning mistakes
About this index
Home Equity Averages
Product Rate +/- Last week
$30K HELOC
4.99% 4.99%
$30K home equity loan
6.19% 6.17%
$50K HELOC
4.55% 4.52%
$75K home equity loan
5.91% 5.93%
View rates in your area:
 

A little research could save you BIG on interest.

Don't have time? Our rate-tracker tool saves you time and money. Delivered Thursdays.
 
advertisement
ByDr. Don Taylor, Ph.D., CFA, CFP, CASL
Ask Dr. Don»
Don Taylorhome equity
Lender's demands are fishy
Is your home equity lender making unreasonable demands? It might be time to tip off regulators.
View more Bankrate Advisers »
Partner Center
advertisement

Advertising Disclosure: Bankrate.com is an independent, advertising-supported comparison service. Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.