A president pro tempore is the leader of the Senate when the  Vice-President is not there. (pro tempore is Latin phrase which  means for the time being.) Unlike the VP, he â¦ can also vote to  create a tie, since he is a Senator. The position is elected by the  Senators.
Home equity loans and lines of credit. Where rates are now: 4.72 percent average for a HELOC; 6.03 for a home equity loan. Projected rates for end of 2015: 5.2 percent average for a HELOC; 6.5 percent for a home equity loan. Rates on both home equity loans and lines of credit wonât change much during first half of the year, at least not until the Fed raises short-term interest rates. The change to home equity lines of credit may be more pronounced.
But rates are down more than a quarter of a percentage point from last month. Don't be lulled into a fall sense of security, though. Experts are saying that rates on mortgages are poised to move higher soon. That means it's best to shop for a mortgage now, even though mortgage rates are still historically low. The average interest rate on a conventional 30-year fixed-rate home loan is 3.95%, about a quarter of a percentage point higher than it was at this time last year. Remember, that's the average cost of financing a home. Savvy borrowers with decent credit can almost always pay a quarter to half of a point less.