Current interest rate charged by Banks on home equity loans in San Francisco

Realty rates has been exploding in the fast few years especially in the major urban areas like San Francisco spurred by the all time low interest rates in the home mortgage segment. There are number of choices available for home loans in San Francisco and due to the intense competition many financial institutions are providing competitive rates.

The average interest rate on a 30 year old home equity loan has broken the barriers of 5% interest to the lowest level of 4.97%. The average interest rate for 15 years old home equity loan is around 4.46%. More Information:

http://www.latimes.com/business/la-fi-mortgage-rates25-2009sep25,0,7384998.story.

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