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Optimistic 2024 Mortgage Rates and Housing Outlook From The Experts: Compared


As the real estate landscape navigates economic shifts and Federal Reserve policies, projections, and insights from various financial sources offer an intriguing and relatively optimistic outlook on the housing market and mortgage rate forecasts for 2024. Here’s what the big names in the industry are saying.

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Predictions On Housing Prices And Inventory

Forecasts vary with Forbes anticipating softening prices in certain areas, CNBC predicting a slight increase in home prices, and projecting a flat or slight decrease in national home prices despite improvements in housing supply and mortgage rates.

Market Impact And Home Sales

While The Wall Street Journal suggests a moderate impact on home prices, potentially slowing price growth in specific markets, anticipates an increase in home sales due to improved market conditions.

Factors Influencing Rate Changes

These sources emphasize the impact of inflation control and Federal Reserve policies on mortgage rates. They highlight sustained improvements in inflation driving rates lower and attribute recent downward trends to a slowing economy and signals from the Federal Reserve for potential rate cuts.

Mortgage Rate Predictions

The Wall Street Journal, Forbes, CNBC,, and collectively project a gradual decline in mortgage rates throughout 2024. For year-end projections, 30-year fixed-rate mortgages range from 5.75% to 6.6% in The Wall Street Journal, potentially stabilizing between 6.5% to 7.5%, according to Forbes and CNBC suggest that rates might linger in the 6% range for most of the year, potentially dropping below 6% in the latter half of 2024.

2025 Housing Market Predictions

Forecasts from and Forbes foresee a 5.5% increase in home values for 2025, emphasizing rising demand, limited supply, and government policy impacts.


In summary, these sources collectively agree on the expectation of declining mortgage rates but vary in their projections for housing prices, inventory, and the potential impact on home sales. Despite this disparity, there is cautious optimism that market conditions will improve in 2024.

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