Will Mortgage Interest Rates Go Down In 2024. The federal reserve wednesday announced its fifth rate hold in a row, after hikes in 2022 and 2023. In june 2024, we’re seeing a mixed.
Rates are generally expected to drop this year, but when they’ll drop and by how much largely depends on inflation. Property experts anticipate mortgage rates will fall before the end of 2024, but opinion is split as to when and how much they’ll drop.