Home equity loan rates for Dec. 6, 2012

Polyana da Costa
December 6, 2012

Interest Rate Roundup

Home equity rate graph
Home equity rate graph

Find the best home equity rates in your area.

Home Equity

  • 5.02% (line of credit)
  • 6.12% (loan)

Rates on loans backed by home equity fell in Bankrate's weekly survey.

The typical home equity loan dropped 10 basis points to 6.12 percent. A basis point is one-hundredth of 1 percentage point.

The typical home equity line of credit, or HELOC, fell 2 basis points to 5.02 percent.

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