Mortgage Interest Rates Forecast 2024. Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6%. 2 and as high as 7.79% on oct.
Mortgage rates climbed for most of 2023, at one point reaching nearly 8%—a level not seen in two decades before dropping closer to 6.5%. Here are the highlights of our 2024 mortgage rate forecast:
Mortgage Rate Predictions June 2024.
The mortgage bankers association forecasts a similar outlook for the end of 2024, projecting rates to slide to 6.1 percent.
Those Costs Could Change Heading Into The.
Mortgage rate predictions for this month, 2024, 2025, 2026, 2027 and 2028:
These Forecasts Change Frequently As Market Prices Change.
Images References :
Those Costs Could Change Heading Into The.
We’re well into 2024 now,.
Rates Rose Steadily In Early Spring,.
Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6%.
After Almost Two Years Of Interest Rates Rising, Many Mortgage Holders Hope Rates Could Be Cut At Some Point In 2024.