Mortgage Rates 2024 Forecast. The current mortgage interest rates forecast is for rates to embark on a gentle downward trajectory over the remainder of 2024. Newly released projections by members of the fomc have the fed funds rate falling to an estimated 4.6% in 2024.
Mortgage rates will have their biggest decrease in the first quarter of 2024, with the remaining quarters floating around the same average rate. Home prices are also projected to.
