Current Interest Rates Mortgage January 2024. — fannie mae researchers expect prices to increase 6.1% in 2024, while the mortgage bankers association expects a 4.1% increase in 2024. — expect prime rate at 6.2% by the end of 2024 and 5.45% by the end of 2025.
The average interest rate, per the most current data available as of this writing, is 6.342%. View a chart of the 30 year fixed mortgage rate history for january 2024.