Overview

• Mortgage rates show mixed signals, with some holding steady while others ease down.
• The average 30-year mortgage rate is reported between 6.84% and 7.00%, depending on the source.
• Economic factors such as inflation and Federal Reserve policies continue to influence mortgage rates.
• Experts predict mortgage rates to decrease to between 5.9% and 6.1% by the end of 2024.
• The Federal Reserve's next meeting is anticipated to maintain current interest rates, with potential cuts expected later in the year.