Will Mortgage Interest Rates Lower In 2024. Our current expectation is that the fed will lower rates once in 2024, with a small chance they drop rates two times, says jason obradovich, a chief investment officer at mortgage lender. It's hard to predict exactly where mortgage interest rates will go in 2024, as much depends on factors like the state of the economy and how the fed responds to inflation.
The federal reserve cut interest rates by half a point wednesday, and mortgage rates are likely to move in tandem. Will mortgage rates drop in early 2024?
