Mortgage Interest Rates Forecast 2024. The mortgage bankers association didn’t include mortgage rate predictions in its august 2024 economic forecast, but its latest forecast in may 2024 showed rates falling from 6.4% in january to 5. “mortgage rates will spend the bulk of the year.

One hopeful sign is that as powell and other fed officials have signaled that rate cuts are coming, many interest rates have already fallen in anticipation. Where mortgage rates stand today.