Interest Rates 2024 Mortgage. Us mortgage refinancing surged last week by the most since the early days of the pandemic as borrowing costs continued to drift lower. 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.
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. August 14, 2024 at 7:55 am edt.