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Home equity loan rates for March 13, 2014

Polyana da Costa

Interest Rate Roundup

Find the best home equity rates in your area.

Home Equity

  • 4.97% (line of credit)
  • 6.17% (loan)

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

The typical home equity loan fell 5 basis points to 6.17 percent. A basis point is one-hundredth of 1 percent.

The typical home equity line of credit, or HELOC, dropped 10 basis points to 4.97 percent.

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