Will Interest Rates Go Down In 2024 Mortgage . Federal reserve widely expected to begin cutting its benchmark interest rate in 2024, mortgage rates could drop as well—at least. “by the spring of 2024…rates will hopefully be in the 6% range.” the fed paused its rate hikes in september and extended the pause just over a month later.
Explaining what’s happening to interest rates in 2024. Mortgage interest rate forecast for summer 2024:
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