These are today's mortgage and refinance rates. Mortgage rates fell below 6% last month, but it's possible they'll hold steady for the rest of 2024.

The Fed cut interest rates for the first time in four years last month, and most experts predict two more cuts by the end of 2024. Fannie Mae predicts the average mortgage rate will dip to 5.7% by the end of 2025,

These are today's mortgage and refinance rates. Mortgage rates are up this month. As rates go down next year, buying a home should get more affordable.