Heloc Interest Rates Forecast 2024. Mcbride’s forecast shows the average heloc rate falling to 8.45 percent by the end of 2024, more than 1.5 percentage point lower than where it settled at the end of. If you’re on the hunt for a home equity line of credit (heloc), you won’t be surprised to learn that current heloc interest rates remain elevated, thanks to inflation.
The best home equity line of credit (heloc) rates are low compared to the national average, with lenders offering additional perks like introductory annual. According to recent data from the wall street journal, the average heloc rate in 2024 hovers around 7.5% to 8.5% for most borrowers.