Home Mortgage Rates Predictions 2024. Learn when mortgage rates will go down. The latest mortgage rate predictions for 2024 suggest that home loan interest rates will decline further over the coming months, partly due to federal reserve policy changes.
This year’s crop of spring homebuyers took on 7 percent and higher mortgage rates. In the summer of 2024, mortgage rates are predicted to stay flat or possibly decrease slightly, but not significantly drop below current levels.