Interest Rates For Homes 2024. Even now, mortgage rates hover around 7%. Currently, union bank of india and bank of maharashtra offer the lowest home loan interest rate starting from 8.35% p.a.
Annual house price growth has picked up to the fastest rate since december 2022. The june forecast also predicts that mortgage rates will average 6.8% in 2024, down from 7% in its previous forecast.