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.
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Home equity products
Rate: 5.71 percent (line of credit); 8.47 percent (loan)
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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 |
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