Home Mortgage Rates Predictions 2024 Lok. Fannie mae and the national association of realtors (nar) both expect. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024.

Mortgage rate predictions for 2024 suggest that home buyers could enjoy lower borrowing costs in the months ahead. While mortgage rates are expected to remain high through the summer of 2024, those who are prepared and find the right home may still benefit from purchasing now.