- 5.11% (line of credit)
- 6.13% (loan)
Rates on loans backed by home equity climbed in Bankrate's weekly survey.
The typical home equity loan rose 9 basis points to 6.13 percent. A basis point is one-hundredth of 1 percentage point.
The typical home equity line of credit, or HELOC, rose 7 basis points to 5.11 percent.
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