Mortgage Rates Feb 2024. Current homeowners also face high rates. Since late 2022, mortgage rates have jumped to between 6% and 7% — and in fall 2023, they nearly eclipsed 8%, marking the highest.

Since late 2022, mortgage rates have jumped to between 6% and 7% — and in fall 2023, they nearly eclipsed 8%, marking the highest. 2 and as high as 7.79% on oct.