Lorri Rebekah

Projected Mortgage Interest Rates 2024. 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 rate is updated on a weekly basis.

We’re not talking about a steep rate decline. The bank of canada today reduced its target for the overnight rate to 4½%, with the bank rate at 4¾% and the deposit.