Mortgage Interest Rates Prediction 2024 Calendar. Anticipated fed cuts provide hope for optimism, but ongoing inflation battles keep driving growth. Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6% before the end of 2024.

Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of. Mortgage rate predictions for 2024: