Mortgage Interest Rate Trends 2024 Usa. The markets for housing and mortgages will likely be invigorated in 2024 to the extent the fed begins to cut its benchmark rate, benefitting borrowers as mortgage. Forbes advisor’s insight on current mortgage rates and the housing market.

Predictions indicate that home prices will remain elevated throughout 2024 while new. Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6%.