Current Home Mortgage Rates 2024 Ny. Fannie mae researchers expect prices to increase 6.1% in 2024 and 3.0% in 2025, while the mortgage bankers association expects a 4.1% increase in 2024 and a 2.9%. The higher your interest rate, the more your mortgage payment will be.

This follows a year of steady growth, with prices across the city rising. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors.