Average Mortgage Rates June 2024. Rates rose steadily in early spring, finally breaking. The mortgage reports receives rates based on selected criteria from multiple lending partners each day.

In its june mortgage finance forecast, the mortgage bankers association predicts that mortgage rates will fall from 7% in the second quarter of 2024 to 6.6% by. Beginning on july 31, money’s daily mortgage rates are a national average and reflect what a borrower with a 20% down payment, no points paid and a 780 credit.