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Interest Rate Roundup   July 30 - Aug. 5
  Each week, Bankrate takes a look at the state of interest rates on five banking
  products from Bankrate.com's weekly national survey of large banks and thrifts. 
 
Interest Rate Roundup

Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts conducted July 1, 2009.

Interest Rate Roundup
Home equity products
Rate: 5.71 percent (line of credit); 8.47 percent (loan)

The average home equity line of credit, or HELOC, rose 5 basis points, to 5.71 percent. Meanwhile, home equity loan rates rose 1 basis point, to 8.47 percent.

To find the best home equity loan rates in your area, check Bankrate's interactive tool.

-- Holden Lewis

Bankrate.com's corrections policy
-- Posted: July 2, 2009
 
 
 
 RESOURCES
Experts predict where rates are headed
Fed Outlook blog
Graph rates for the past three months
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NATIONAL OVERNIGHT AVERAGES
30 yr fixed mtg 4.97%
48 month new car loan 6.79%
1 yr CD 1.58%
Rates may include points
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* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

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