Mortgage Rate 2024 Forecast. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. Refinance rate forecast for 2024 experts say slowing inflation and the federal reserve’s projected interest rate cuts should help push mortgage interest rates down to.

Should i take a tracker or fixed rate mortgage in 2024? Once bank rate starts to fall and the outlook for rates looks clearer, tracker rate deals are likely to fall in price and look.