Mortgage Rate April 2024

Mortgage Rate April 2024. Mortgage interest rates in 2024. Still, the bofa analysts and many economists contend that the recent pullback in mortgage rates already reflects a fed rate cut.

Rates haven’t been this low since. Due to solid housing demand but lean inventory, we expect upward home price pressure and forecast home prices to increase 0.5% in 2024 and in 2025.