Current Home Mortgage Rates 2024. At 3.94%, the monthly payment for a $200,000 home loan was $948. Realtor.com experts are forecasting that rates will be 6.8% on average for 2024 and 6.5% by the year’s end.

Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the. The average mortgage rate went from 4.54% in 2018 to 3.94% in 2019.