- 4.92% (line of credit)
- 6.18% (loan)
Rates on loans backed by home equity were mixed in Bankrate's weekly survey.
The typical home equity loan rose 1 basis point to 6.18 percent. A basis point is one-hundredth of 1 percent.
The typical home equity line of credit, or HELOC, dropped 5 basis points to 4.92 percent.
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