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Anyone know current home equity rates?

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randella
Love my little man

Member since 8/05

16290 total posts

Name:
Randi

Anyone know current home equity rates?

Are they comparable to mortgage rates?

Posted 5/10/10 8:56 PM
 
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VickiC
Rocking the party

Member since 5/05

4937 total posts

Name:
Vicki

Re: Anyone know current home equity rates?

Depends on what you're getting I think.

Bethpage Federal Credit Union HELOC rate is sitting at 3.99%. Their Home Equity LOAN is much higher.

Posted 5/11/10 2:06 PM
 

randella
Love my little man

Member since 8/05

16290 total posts

Name:
Randi

Re: Anyone know current home equity rates?

thanks--- I did find the answer-- and the rates on a home equity float, so it's always at prime. So for a long-term loan, it's not a wise option.

Posted 5/11/10 4:46 PM
 
 

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