30-year fixed mortgage rates are predicted to stay in the low 6% range by the end of 2024, possibly reaching the high 5% range, but not the low 5% range.
"I am not personally as bullish as other people saying that we're going to get rates into the fives low fives by the end of the year I don't think that's going to happen I think in 2024 we'll probably stay in the low six is close to where we're at right now it's possible get into the high fives"