Heloc Interest Rates Forecast 2024. The general consensus is that home equity rates on both home equity loans and helocs are going to drop in fall 2024, as are mortgage rates across the board. The federal reserve has hinted at reducing interest rates, which could influence the rates for home equity lines of credit (heloc) as well.
As of august 12, 2024, the average heloc interest rate stands at approximately 9.37%. The general consensus is that home equity rates on both home equity loans and helocs are going to drop in fall 2024, as are mortgage rates across the board.