When Will Heloc Rates Go Down. While it's difficult to predict exactly when heloc rates will go down, there are numerous benefits to consider when choosing hitch's. Here is a summary of our top heloc choices:

When the draw period ends, the heloc closes—meaning that you can’t draw any more money—and shifts to the repayment period. Since the start of 2022, average heloc rates have more than doubled, from a little over 4% to around 8.5% currently, says deni supplee, realtor and.