Home equity loan rates for June 27, 2013


Interest Rate Roundup
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Home Equity

  • 5.14% (line of credit)
  • 6.14% (loan)

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

The typical home equity loan rose 3 basis points to 6.14 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 5.14 percent.

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