Mortgage Interest Rates Graph 2024. The current mortgage rates hold significant implications for home buyers, sellers, and the overall housing market. The current mortgage interest rates forecast is for rates to continue on a gentle downward trajectory over the remainder of 2024.
Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year โ much lower than the 5.1 percent they had been. Federal reserve cuts rates by 50 basis points.