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Yes, the rates are the same because they are based on percentages, not on the local economy or your income. However, if you were to pick a less developed are over a more urban one, your rate might be lower and this has nothing to do with the state, but instead the land value of the place under your mortgage.

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Q: Is Florida home equity the same rate as California home equity?
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What is the home refinance rate in California?

The current refinance rate for a 15 year fixed loan in California is 3.75%. For a 30 year fixed loan, the current rate is 4.41%. The options available in California include fixed-rate mortgages, adjustable-rate mortgages, home equity loans, and home equity lines of credit.


What banks offer the lowest rate home equity loans?

There are two banks that offer the lowest rate home equity loans. These two banks that offer low rate home equity loans are RBC and The Bank of America.


Where can one find home equity loans at fixed rate?

There are many places where one can find home equity loans at fixed rate. On the websites "bankrate" or "zillow" one can find home equity loans at fixed rate.


What is a typical rate for a Fixed Home Equity loan?

Home Equity Loans is where an individual uses the value of their home as collateral. The typical rate of a fixed home equity term is around 5.17%, though this may vary.


Where can a home owner go in search of a low rate home equity loan?

Low rate home equity loans are provided by many companies and websites. Of these, BECU is one of the more well known loaners that offer home equity loans.


What is the average rate for home equity loans?

Currently, the average rate for a home equity loan is 6.44 percent. That is good news for homeowners as the rate has dropped from 6.48 percent in August 2012.


What is a home equity line?

A home equity line of credit is a loan that you take out from a bank using the equity in your home as collateral. By doing this, you are able to get a lower rate since the debt is secured by your home.


In Texas if you refinance your home once as a home equity loan are you forced to have all future refinances be home equity loans also?

Yes. Once a home equity loan, always a home equity loan; but there are certain programs that give breaks in rate to previous home equity acquisitioners.


What is the average equity rate for homes?

The average home equity rate for 2012 was 5.21%, the forecast rate for 2013 is 5.21%. Equity rates on homes are typically higher than those on primary mortgages as equity loans are considered second mortgages.


What is the current home equity rate in the US?

According to bankrate, the current home equity rate is 6.16 percent. This number as went up slightly from February where it was just 5.99. The time to get a home is now


What is the interest rate of the Wachovia home equity loan?

The interest rate of a Wachovia home equity loan varies greatly. The rate can change from day to day, depending on the market value on the day you apply. If you are interested and it is a low rate, that is when you should "lock in" your rate.


Where can one get a fixed rate home equity loan?

One can get a fixed rate home equity loan using a real estate values website to figure the value of their home. Then one has to apply for the loan with their lender.