How Low Will Interest Rates Go In 2024 For A. They're also concerned that waiting too long to cut rates could needlessly weaken the job market. If inflation continues to dissipate and the economy cools or goes into a recession, itโs likely mortgage rates will decrease.
Newly released projections by members of the fomc have the fed funds rate falling to an estimated 4.6% in 2024. How will mortgage rates change throughout 2024?