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Learn how the BMO Homeowner ReadiLine� worksBest home equity line of credit (HELOC) rates in November ; BMO. $25,$,, year draw/ year repay for variable-rate HELOC; year repay for. Discover BMO's competitive Home Equity Line of Credit rates. Learn how HELOCs work, factors affecting your rate, and tips for responsible. Variable introductory rates as low as % APR for 12 months, with as low as % APR thereafter. **. View HELOC rates.