Mortgage Rates To Go Down In 2024 Pdf. Most experts predict the fed will start cutting rates next month and carry out one or two more cuts before the end of 2024. Today, the average mortgage interest rate is 6.46%, and as of q2 2024 (the latest data), the median home price is $412,300.

As rates drop, more buyers should be able to find affordability, even as home prices remain elevated. On august 5th, daily average 30.