Will Mortgage Rates Go Down In 2024 Or Not. Real estate market, interest rates could shift in u.s. However, it's difficult to know when, or even if, rates will fall before the end of the year or early in 2025.
It last raised the federal funds rate in july. If inflation continues to dissipate and the economy cools or goes into a recession, it’s likely mortgage rates will decrease in 2024.
