Predicted Mortgage Rates February 2024

Predicted Mortgage Rates February 2024. But what could happen to house prices in the next half of 2024. High mortgage rates have acted to dampen demand, with the market seeing a fall in activity and properties taking longer to sell.

Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6% before the end of. That’s based on the weekly.