- 5.03% (line of credit)
- 5.99% (loan)
Rates on loans backed by home equity barely changed in Bankrate's weekly survey.
The typical home equity loan fell 1 basis point to 5.99 percent. A basis point is one-hundredth of 1 percentage point.
The typical home equity line of credit, or HELOC, stayed at 5.03 percent.
More From Bankrate.com