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Mortgage rate forecast September 2024
Bankrate’s Greg McBride and others weigh in on what to expect for mortgage rates in September 2024 and beyond.
About the author
Jeff Ostrowski has closely covered two nationwide housing booms and one devastating bust. Before joining Bankrate in 2020, he spent more than 20 years writing about real estate, business, the economy and politics. He previously worked as a reporter at the Palm Beach Post and the South Florida Business Journal.
Since 2019, Jeff has served on the board of the nonprofit National Association of Real Estate Editors. He twice has won gold awards in the group’s journalism contest. His Bankrate coverage of housing affordability was also honored with a Best in Business award from the Society for Advancing Business Editing and Writing.
When he’s not working, Jeff enjoys surfing, biking and traveling, usually with a surfboard or bike.
Bankrate’s Greg McBride and others weigh in on what to expect for mortgage rates in September 2024 and beyond.
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They both related to property ownership, but one is a physical thing and the other is abstract.
Mortgage rates are unlikely to fall to 2021 levels, but the big moves could be over for now.
A tug of war is playing out in the mortgage market. Inflation is pushing rates up, while fears of a recession are pulling them back down.
Until inflation is tamed, mortgage rates are likely to keep rising.
The highest inflation in decades will push rates up. But will war in Ukraine pull rates back down?