2024 Mortgage Rates Projections Usa. That suggests the fed will cut rates by 0.75. Fannie mae, meanwhile, calls for rates to dip to 6.5 percent by year’s.

Several major institutions have weighed in on their predictions for mortgage rates by the end of 2024: The federal reserve’s period of policy tightening appears to be over, opening the door to lower borrowing costs in the year ahead.