- 5.47% (line of credit)
- 6.75% (loan)
Rates on loans backed by home equity inched up in Bankrate's weekly survey.
The typical home equity loan rose one basis point to 6.75 percent. The typical home equity line of credit, or HELOC, rose 5 basis points to 5.47 percent. A basis point is one-hundredth of 1 percentage point.