Mortgage Rates In May 2024 Usa. Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6% before the end of 2024. 1 but that doesn’t necessarily.

Compare current mortgage rates and aprs to find the loan that best suits your financial situation. Mortgage rates are not going down right now, but expert rate predictions say they will end 2024 between 6.4% and 6.5%.