Housing Interest Rates Prediction 2024

Housing Interest Rates Prediction 2024. In 2024 as modest price declines take hold and mortgage rates dip, the typical purchase cost is expected to slip just under $2,200 which would amount to nearly 35% of income. The policy rate is 4.75%, while the last inflation reading for april 2024 was 2.7%.

Still, many experts think mortgage interest rates. The majority of housing economists expect housing affordability will improve in 2024 through reduced mortgage rates.