Mortgage Rates February 2024. The most recent announcement by the federal reserve that its benchmark interest rate would remain unchanged could mean good news for home buyers who. This represents an increase of 0.01% from a.
The mortgage reports receives rates based on selected criteria from multiple lending partners each day. Experts estimate that mortgage interest rates should peak near 7% โ possibly up to 8% โ and gradually trend lower, potentially landing between 5% and 6% before the end of 2024.