Mady Sophey

Best Mortage Rates 2024. Best mortgage lender for alternative credit data eligibility. Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6%.

We spoke to an economist and a mortgage broker to get a better sense of what’s ahead, and whether a fixed or variable rate is your best option in 2024. Read about the path of interest rates over the coming years and use wowa’s mortgage rate.