Economic Report: When will mortgage rates go down? Realtor.com is predicting when buyers will ‘start to see some relief’

by | Nov 29, 2023 | Stock Market

The 30-year mortgage rate will fall below 7% by April 2024, Realtor.com says in its housing forecast for next year. The average mortgage rate over 2024 is expected to be 6.8%, and the 30-year may fall to as low as 6.5% by the end of the year, according to Realtor.com’s report. “We’re gonna to start to see some relief for buyers who have been…

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The 30-year mortgage rate will fall below 7% by April 2024, Realtor.com says in its housing forecast for next year. The average mortgage rate over 2024 is expected to be 6.8%, and the 30-year may fall to as low as 6.5% by the end of the year, according to Realtor.com’s report. “We’re gonna to start to see some relief for buyers who have been…

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