Mortgage Rate Projections 2024. — on friday, moody’s chief economist mark zandi reaffirmed his 2025 mortgage rate outlook, which he has held since fall 2022. — expect prime rate at 6.2% by the end of 2024 and 5.45% by the end of 2025.
— mortgage rates and home prices are expected to drop in 2024, housing experts predict, improving affordability for homebuyers. Still, many experts think mortgage interest rates will start to trend downward in.