Home equity loan rates for Oct. 3, 2013

Polyana da Costa
October 3, 2013

Interest Rate Roundup

Home equity rate graph
Home equity rate graph

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Home Equity

  • 5.09% (line of credit)
  • 6.06% (loan)

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

The typical home equity loan was 6.06 percent, the same as last week. A basis point is one-hundredth of 1 percentage point.

The typical home equity line of credit, or HELOC, stayed at 5.09 percent.

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