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Home equity loan rates for Feb. 13, 2014

Polyana da Costa

Interest Rate Roundup

Find the best home equity rates in your area.

Home Equity

  • 5.28% (line of credit)
  • 6.21% (loan)

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

A change in the mix of lenders surveyed by Bankrate accounted for the rate increases this week.

The typical home equity loan rose 3 basis points to 6.21 percent. A basis point is one-hundredth of 1 percent.

The typical home equity line of credit, or HELOC, rose 6 basis points to 5.28 percent.

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