Mortgage Rate April 2024 Us. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. The mortgage bankers association (mba) also releases.

However, it’s still true that rates are high by modern standards,. Due to solid housing demand but lean inventory, we expect upward home price pressure and forecast home prices to increase 0.5% in 2024 and in 2025.