Mortgage Rates February 2024 Forecast. 26, according to freddie mac. We arrive at an average rate and apr for each loan type to display.

House prices have been largely flat over the past 12 months (annual property price rises range from 1.1% to 1.6%) according to the latest data from halifax. Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6% before the end of.