Mortgage Rates August 30 2024 Predictions . 10, according to freddie mac. Fannie maeโs august 2024 forecast (its latest at the time of writing) predicts that 2025 rates will start at 6.2% and trickle downwards by 0.1% each quarter, landing.
Further mortgage rate cuts could be on the way as lenders look to compete for borrowers. Fannie mae has estimated an average rate of 7.3% for 2024.
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