Interest rates fall, inflation cools

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HELOC interest rates

Yahoo Finance

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Business

Business & Economics

HELOC rates today, May 31, 2025: Interest rates on HELOCs fall as inflation cools

Summary

Nutrition label

75% Informative

Rates on a 10-year HELOC are down five basis points to 6.84% today .

Rates vary so much from one lender to the next that it's hard to pin down a magic number.

A HELOC allows you to easily use your home equity in any way and in any amount you choose.

If you take out the full $ 50,000 from a line of credit on a $ 400,000 home, your payment may be around $395 per month with a variable interest rate beginning at 8.75% . That's for a HELOC with a 10-year draw period and a 20-year repayment period. That sounds good, but remember, it winds up being a 30-year loan. HELOCs are best if you borrow and pay back the balance in a much shorter period of time..

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

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Offensive language

not offensive

Hate speech

not hateful