Mortgage Rates Expected 2024 Reddit. We'll see what happens, but as long as interest rates stay around 7%, it will be hard for investors to make the math work and homeowners can only afford so much. People are still only willing to pay what prices were before.

Those interest rates mean the actual cost of a home is 1.5x what it was before rates went up. With two more fed meetings scheduled before the end of 2024, we could see rates continue to fall.