- 5.25% (line of credit)
- 6.48% (loan)
Rates on loans backed by home equity were mixed in Bankrate’s weekly survey.
The typical home equity loan rose 4 basis points to 6.48 percent. A basis point is one-hundredth of 1 percentage point. The typical home equity line of credit, or HELOC, was 5.25 percent, unchanged from last week.