Mortgage Interest Rates 2024 Forecast Reddit. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. So when the market believed (and had priced in) higher interest rates while the rba said rates will stay low until 2024 who should you believe?
If it seems likely in 2023 that 2025 rates are going to be lower, mortgages will drop before the interest rate does. Compare current mortgage rates and aprs to find the loan that best suits your financial situation.