Will Mortgage Rates Go Down In 2024 Or Not. Experts believe that once the fed cuts rates in 2024, refinance volume will improve as borrowers who took on high mortgage rates will. Will mortgage interest rates go down in 2024?
Federal reserve widely expected to begin cutting its benchmark interest rate in 2024, mortgage rates could drop as wellโat least. As the federal reserve monitors slowing inflation and holds interest rates steady, many experts predict that mortgage rates will go down in 2024.