Current Mortgage Interest Rates 2024. If you're keeping an eye on mortgage rates to try and buy a home, here's where experts think they could head this summer. Economists at freddie mac expect mortgage rates to stay above 6.5% throughout the end of 2024, according to its july economic, housing and mortgage market outlook.
What will happen to mortgage rates in 2025? Yes, a lower federal funds rate will lead to lower mortgage interest rates.