Jobie Augustina

Mortgage Rates In April 2024. While mortgage rates have now dropped more than a full percentage point from a 2024 high of 7.27 percent on april 25, economic forecasters see more room for. Today, the average mortgage interest rate.

Mortgage rates fell this week to the lowest point in over a year and a half, as markets reacted to economic data showing a slowing economy. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024.