Will Interest Rates Go Down In 2024 Mortgage . If inflation continues to dissipate and the economy cools or goes into a recession, it’s likely mortgage rates will. Experts say home buyers should wait.
The fed’s decision to end its rate hikes and cut rates in 2024 could lower mortgage rates, which are currently around 7%. The federal reserve is expected to lower rates by at least 100 basis points through the end of 2024.
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