Mortgage Rates Falling 2024

Mortgage Rates Falling 2024. While the fed doesn’t control mortgage rates, their monetary policy tends to correlate. Will mortgage rates fall in 2024?

Lower mortgage rates in 2024 — nar is predicting the average will be 6.3% by the fourth quarter, down from 7.8% in 2023’s final three months — will entice more. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024.