Home equity loan rates for Oct. 10, 2013

Bankrate.com

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Home Equity

  • 5.18% (line of credit)
  • 6.07% (loan)

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

The typical home equity loan rose 1 basis point to 6.07 percent. A basis point is one-hundredth of 1 percentage point.

The typical home equity line of credit, or HELOC, rose 9 basis points to 5.18 percent.



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