2024 Mortgage Rates Projection Settings. Here’s what homebuyers need to know about mortgage rates in august 2024. Mortgage rate projection for 2024 mortgage rates increased dramatically for most of 2023, though they started trending back down in the final months of the year.
Therefore, understanding how these rates are determined and what influences their fluctuations is essential for any prospective homebuyer. July’s forecast for mortgage rates is uncertain, but by staying informed about the key factors and exploring all options, potential homebuyers can make informed.