Refinance Interest Rates 2024. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. To find the best refinance rates in 2024, we analyzed data on every loan from the 50 biggest refi lenders in 2023, which is the most recent data available.
Experts say slowing inflation and the federal reserve’s projected interest rate cuts should help push mortgage interest. But this summer, after a poor labor reading spooked investors into thinking a recession was imminent, mortgage rates.