Mortgage Interest Rates Projection 2024 . The current mortgage rates hold significant implications for home buyers, sellers, and the overall housing market. The fed’s projection of three interest rate cuts in 2024 was particularly influential in helping mortgage rates drop.
The decline is driven by the fed’s rate cuts, but the spread between. Bankrate predicts mortgage rates will fall gradually throughout 2024, reaching 5.75 percent by the end of the year.
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