Mortgage Rates 2024 Forecast Usa By State

Mortgage Rates 2024 Forecast Usa By State. If it ends up at 3.5% or higher, mortgage rates could go up. Fannie mae's economic & strategic research (esr) group provides analysis of current and historical data for the economy, housing and mortgage markets, and forecasts.

Mortgage rates and home prices are expected to drop in 2024, housing experts predict, improving affordability for homebuyers. The current mortgage interest rates forecast is for rates to embark on a gentle downward trajectory over the remainder of 2024.