2024 Interest Rates Mortgage Usa. While all signs point to the federal reserve cutting interest rates in september, there's a harsh. 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.

Here’s where experts think mortgage rates will start in 2024, how they think they’ll change and other economic. When will mortgage rates go down more substantially so home affordability improves?