Mortgage Interest Rates Projection 2024 Lok

Mortgage Interest Rates Projection 2024 Lok. Where mortgage rates stand today. If inflation continues to dissipate and the economy cools or goes into a recession, it’s likely mortgage rates will decrease in 2024.

On a $400,000 loan, a mortgage rate of 7.09% would result in a monthly payment of $2,685 (not including taxes or insurance). But with this week’s average rate of 6.49%, that.