Mortgage Rates 2024 Forecast. If inflation continues to dissipate and the economy cools or goes into a recession, it’s likely mortgage rates will. The mortgage bankers association forecasts a similar outlook for the end of 2024, projecting rates to slide to 6.1 percent.
Forecast for 2024 projects mortgage rates to remain above 6.5%, with modest declines. Mortgage rate predictions july 2024.