Newsweek Will Mortgage Rates Drop In 2024. As of february 12, 2024, rates for 5/1 arms are averaging 7.27% nationwide, according to bankrate’s latest mortgage servicer survey data. That’s because the average rates for the benchmark 30.


Newsweek Will Mortgage Rates Drop In 2024

Still, many experts think mortgage interest rates will start to trend downward. “a lot of people locked in mortgage rates at around 3%.

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