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Home equity news: Home prices hit another record while HELOC rates fall

On May 30, 2025, home equity line of credit (HELOC) rates have decreased, providing homeowners with more favorable borrowing conditions. This drop in rates is influenced by broader economic factors, including a stabilization in inflation and adjustments in monetary policy by the Federal Reserve. Homeowners looking to tap into their home equity for renovations, debt consolidation, or other financial needs can now benefit from lower interest costs. Financial experts suggest that this could be an opportune time for homeowners to consider a HELOC, especially as rates are expected to remain low in the near future.

Read the Full wgme Article at:
[ https://wgme.com/money/mortgages/home-equity-news-heloc-rates-fall-5-30-2025 ]