Mortgage Rate Predictions 2024. Mortgage rates have been revised slightly lower as signals from the economy suggest that it will be appropriate for the fed to begin to cut its federal funds rate in 2024. Freddie mac predicts that mortgage rates will remain elevated throughout most of 2024.
But there are also some proactive steps you can take to. Once bank rate starts to fall and the outlook for rates looks clearer, tracker rate deals are likely to fall in price and look.