This index — often used for consumer loans, like auto loans, home improvement loans and credit cards — is a popular base rate used for home equity lines of credit. (zillow.com)
But you can repay interest alone or the minimum allowable payment with home equity lines of credit. (debtfirms.com)
The HELOC interest rates from the last quarter of 2017 for $ 30,000 credit lines are provided below as a gauge of how rates on home equity lines of credit move over time. (lendedu.com)