Mortgage Interest Rates May 20 2024. Mortgage rates shot up in 2022 and 2023 because the economy was doing far better than expected. Forecast tables by day and month.
Mortgage interest rates fell to historic lows in 2020 and 2021 during the covid pandemic. “by the spring of 2024…rates will hopefully be in the 6% range.” the fed paused its rate hikes in september and extended the pause just over a month later.
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