In the wider historical context, rates are still low.  Fixed rate protects you from rising rates.  If rates drop, you can negotiate or refinance a lower rate.

Hello, I am looking to utilize some of my home equity to purchase land somewhere and wondering with how high-interest rates are already would I be better off going fixed or variable? I plan to pay for the loan in the next 5 years. I can always refinance with a fixed when rates drop right?

HELOC with variable or fixed rates at the moment with how high interest rates are already?