Current Housing Interest Rates 2024. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. The forecast was last updated in november.
In response, beginning in march 2022, the central bank raised rates to their current level of 5.25 to 5.5 percent. One positive aspect to note in this current mortgage rates analysis is the increased inventory of homes for sale.