Home Mortgage Rates Predictions 2024

Home Mortgage Rates Predictions 2024. The committee now projects the fed funds rate will end 2025 roughly 70 basis points lower than in its june summary of economic projections. Higher monthly payment, less interest paid over time.

If inflation continues to dissipate and the economy cools or goes into a recession, it’s likely mortgage rates will. When interest rates fall, the housing market usually heats up.