Mortgage Rate Forecast April 2024. Once bank rate starts to fall and the outlook for rates looks clearer, tracker rate deals are likely to fall in price and look. Mortgage rate predictions july 2024.
Mortgage rate trends as of april 2024: Fannie mae has estimated an average rate of 7.3% for 2024 while the mba has a more aggressive rate prediction as low as 6.1% at the end of 2024.