Mortgage Rates 2024 News. Demand for buying a home will remain strong in 2024 even though mortgage rates have been around 7% this year. Mortgage rates have steadily fallen over the past several weeks since reaching a 2024 peak of 7.22% in early may.
The mortgage bankers association’s refinancingindex jumped 20.3% in the week ended sept. Currently, the mortgage bankers association predicts a 6.5% average mortgage rate by the end of the year (though that prediction is from the group’s august.
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