Housing Market 2024 Interest Rates. “we still look for mortgage rates to drop to about 6.5 percent by the end of 2024,” says mike fratantoni, chief economist at the mortgage bankers association. Predictions indicate that home prices will remain elevated throughout 2024 while new.
In an effort to rein. Mortgage rates are expected to drop this year, which will undoubtedly improve affordability for borrowers, but with that will come.