Home Interest Rate Projections For 2024. This 2024 mortgage rates forecast compiles data from 4,000 days of mortgage rates to highlight trends and make useful. A better tone of inflation data and evidence of slowing economic growth should bring mortgage rates below the 7 percent mark.
That’s based on the weekly nationwide survey conducted by freddie. However, some experts think it will take longer for rates to come down.
Mortgage Interest Rate Forecast For Summer 2024:
4.69 % get this rate.
That’s Based On The Weekly Nationwide Survey Conducted By Freddie.
As of the end of may, the cleveland fed was forecasting that the june 12 cpi report will show that core consumer prices rose about 3.6% in may, the same as april’s.
Expects A 4.3% Increase In 2024 And A 3.3% Increase In 2024.
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The Current Mortgage Interest Rates Forecast Is For Rates To Embark On A Gentle Downward Trajectory Over The Remainder Of 2024.