Mortgage Rates 2024 Forecast. Average 2 year fixed mortgage rate at 60% ltv was 4.30%. That suggests the fed will cut rates by 0.75 percentage points in total;

Newly released projections by members of the fomc have the fed funds rate falling to an estimated 4.6% in 2024. Experts anticipate a modest decrease in mortgage rates in 2024 and 2025.