Will Mortgage Interest Rates Go Down In 2024 Calendar. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. With this in mind, those with a mortgage are probably wondering how long they may have to wait for an answer on rates.
Learn how the consumer price index (cpi) and fomc meetings impact mortgage interest rates. Mortgage rates are expected to decrease by nearly 1% by year’s end — from 6.6% down to as little as 5.75% — according to recent housing forecasts.
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