Home Interest Rates 2024 Chart Printable . Rates roughly doubled back in 2022, thanks in part to the federal reserve’s war on inflation, and they have stayed high since. See daily average mortgage rate trends and the rates forecast for 2024.
The current federal funds rate as of august 05, 2024 is 5.33%. 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.
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