What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
Mortgage Rates Poised to Drop To 5.5% in 2024, Per Survey
✉️ Want to forward this article? Click here.
A new survey calls for long-term mortgage rates to fall well below 6% this year.
Respondents to the latest Bloomberg Markets Live Pulse Survey think that 30-year fixed mortgage rates will drop to 5.5% by the end of 2024. That would be down more than a full percentage points from current rates.
story continues below
loading...story continues above
“The worst is over for the housing market, but a full recovery will be slow in coming,” Mark Zandi, chief economist at Moody’s Analytics, said. “Mortgage rates should continue to trend lower this year.”
Freddie Mac will release its weekly rates this Thursday at noon.
See other articles related to: mortgage rates
This article originally published at https://dc.urbanturf.com/articles/blog/mortgage_rates_poised_to_drop_to_55_in_2024_per_survey/21914.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro