Home equity loan rates for March 7, 2013

Find the best home equity rates in your area.

Home Equity

• 5.04% (line of credit)
• 6.04% (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 6.04 percent. A basis point is one-hundredth of 1 percentage point.

The typical home equity line of credit, or HELOC, was 5.04 percent, the same as last week.