Will Home Mortgage Rates Drop In 2024. However, predicting how much mortgage rates will drop after a rate cut is tricky. Or, they could rise further, making it more difficult to afford a home.


Will Home Mortgage Rates Drop In 2024

Rates rose steadily in early spring, finally breaking 7% for the first time this year in april. Realtor.com experts are forecasting that rates will be 6.8% on average for 2024 and 6.5% by the year’s end.

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