Home equity loan rates for Feb. 21, 2013

Find the best home equity rates in your area.

Home Equity

• 5.04% (line of credit)
• 6.03% (loan)

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

The typical home equity loan rose 4 basis point to 6.03 percent. A basis point is one-hundredth of 1 percentage point.

The typical home equity line of credit, or HELOC, rose 1 basis point to 5.04 percent.