2024 – A year to buy a home in the United States?
Skylar Olsen, chief economist at Zillow stated that rates in the 3% range seen in 2020 and 2021 will not return. Lawrence Yun, chief economist at NAR, said he expects the 30-year fixed mortgage rate to average lower at 6.3% in 2024, and Realtor.com forecasts mortgage rates to average around 6.3%. 8% during 2024 and will end the year closer to 6.5%.