Are Mortgage Rates Going To Go Down In 2024

Are Mortgage Rates Going To Go Down In 2024. Will mortgage interest rates go down in 2024? Whether mortgage rates will go up or down in 2024 depends on a few things.

Mortgage rates climbed for most of 2023, at one point reaching nearly 8%—a level not seen in two decades before dropping closer to 6.5%. Although inflation is cooling more slowly than expected, it is cooling.