Home Mortgage Interest Rate 2024. Mortgage rates now hover around 8 percent, the highest they have been since the early 2000s. Forecasting mortgage rates in 2024 and beyond.
Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. The current mortgage interest rates forecast is for rates to embark on a gentle downward trajectory over the remainder of 2024.