Mortgage Rate Predictions 2024. The mortgage bankers association projects a 6.6% rate by the end of the year, while fannie mae predicts 2024 will end with rates at 6.7%. It's a bit of a mixed bag of predictions, but all of the big four banks are betting that rates won't drop this week.
Will mortgage rates ever go. While this is a significant drop from its july 2023 peak of 6.86%, itโs still much higher than december.