Mortgage Refinance Rates 2024. If inflation continues to improve and the fed is able to cut rates, mortgage refinance rates could end the year between 6% and 6.5%. Fannie mae, meanwhile, calls for rates to.

Fannie mae, meanwhile, calls for rates to. Economists at freddie mac expect mortgage rates to stay above 6.5% throughout the end of 2024, according to its july economic, housing and mortgage.