Mortgage Rates Expected 2024 Reddit. Prime is currently at 7.2%. Critical defect rate rises to 1.58%, per aces mortgage qc industry trends report this modest defect rate increase ends a five.

Currently, you can find a fixed rate in the high 4s for 5 years. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the.