Flory Jilleen

Expected Home Loan Interest Rates 2024

One of the foremost expectations from budget 2024 revolves around the revision of the maximum deduction for home loan interest under section 24 of the income tax act. The june forecast also predicts that mortgage rates will average 6.8% in 2024, down from 7% in its previous forecast.

Keep up with their home loan. Homebuyers might consider buying now and refinancing later to avoid increased.