Mortgage Rates August 2024. August 7, 2024—rates move down caroline basile mortgages and student loans deputy editor caroline basile is forbes advisor’s student. Get the latest mortgage interest rate forecast for august to see how current rates may affect your homebuying or refinance decisions.

Expect prime rate at 6.2% by the end of 2024 and 5.45% by the end of 2025. Here’s what the experts think.