Home equity loan rates for Jan. 10, 2013

Bankrate.com

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Home Equity

  • 5.03% (line of credit)
  • 6% (loan)

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

The typical home equity loan fell 4 basis points to 6 percent. The typical home equity line of credit, or HELOC, rose 2 basis points to 5.03 percent.

A basis point is one-hundredth of 1 percentage point.



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