home equity

National home equity loan rates for Oct. 13, 2011

Interest Rate Roundup
Home equity loan rate graph
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Home Equity

  • 5.43% (line of credit)
  • 6.74% (loan)

Rates on home equity loans and lines of credit rose in this week's survey.

The average home equity loan gained 1 basis point to 6.74 percent. The average home equity line of credit, or HELOC, rose 1 basis point to 5.43 percent. A basis point is one-hundredth of 1 percentage point.

 

 

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