Mortgage Rates Feb 2024 Forecast

Mortgage Rates Feb 2024 Forecast. That’s down from 7.8% in late october, but way up from the 3% or so we saw in 2021. Against a backdrop of modest economic growth, slightly higher unemployment, and easing inflation longer term interest rates including mortgage rates.

The forecast was last updated in november. The mortgage reports receives rates based on selected criteria from multiple lending partners each day.