Mortgage Interest Rates Today 2024 Predictions. The fed's actions could, however, set the stage for continued mortgage rate drops throughout the fall and into 2025 if the central bank signals it will start to get aggressive. The current mortgage interest rates forecast is for rates to embark on a gentle downward trajectory over the remainder of 2024.

Learn how inflation, fed policy and home prices will affect your borrowing costs. Experts predict mortgage rates will start in the low 7s and end in the lower 6s or high 5s, as the fed fights inflation and the economy cools.