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Mortgage Rate Predictions for 2024 from 8 Expert Sources Dropped to 5.8%

The average 30-year fixed mortgage rate is currently over 7%, but expert predictions suggest rates will moderate to around 5.8% on average in 2024. This article analyzes mortgage rate forecasts for 2024 from 8 top sources, including the Mortgage Bankers Association, Goldman Sachs, and Fannie Mae.
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