What Is The Prediction For Mortgage Rates In 2024. The current mortgage interest rates forecast is for rates to embark on a downward trajectory over the remainder of 2024. See wowa’s mortgage interest rate expectation/forecast in this table.
While rates might be roughly in line with current levels at the start of next year, give or take a little, some. According to fairweather, rates will likely be cut in the summer, which will propel mortgage rates to decrease as the year progresses.
February 26, 2024 6 Minute Read.
More specific mortgage rate predictions for next year vary depending on who you ask, though the general consensus is that mortgage rates should finally drop back.
Forecast Of Lowest Mortgage Interest Rates As Of.
Of those polled, 55 percent of respondents predict rates will drop, 27 percent expect rates to rise and 18 percent expect rates to stay the same over the next week.
The National Association Of Realtors:
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Mortgage Rates Are Now Past Their Recent Peak.
What will mortgage rates be in 2024?
But The Wheels Of Progress Turn Slowly:
Of those polled, 55 percent of respondents predict rates will drop, 27 percent expect rates to rise and 18 percent expect rates to stay the same over the next week.
