Mortgage Rates Fall 2024
Mortgage Rates Fall 2024. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. Experts largely agree that the federal reserve won't cut rates at its upcoming july meeting.
Interest rates have remained frozen at 5.25% since august 2023. 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.