Will Mortgage Interest Rates Drop In 2024 Usa

Will Mortgage Interest Rates Drop In 2024 Usa. Cnn — homebuying in the united states has recently slowed to a crawl, but falling mortgage rates could soon jolt it back to life. Morgan economic research predicts the federal reserve (fed) will lower rates by at least 100 basis points (bps).

Fed rate moves do not directly drive mortgage rates. “mortgage rates will spend the bulk of the year.