Forecast For Mortgage Rates 2024. Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6%. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by.
Expect mortgage rates to remain well above 7 percent in may, and maybe closer to 8 percent if the run of disappointing inflation data continues.” Mortgage rates still high before this week’s inflation data.
The Average For The Month 6.86%.
Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by.
Tomorrow's Cpi Data Will Give Insight Into Future Rate Trends.
Should i take a tracker or fixed rate mortgage in 2024?
Forecast For Mortgage Rates 2024 Images References :
Mortgage Rate Predictions July 2024.
Mortgage rates are now past their recent peak.
Anticipated Fed Cuts Provide Hope For Optimism, But Ongoing Inflation Battles Keep Driving Growth.