When Will Home Interest Rates Drop 2024. Mortgage rates are not going down right now, but expert rate predictions say they will end 2024 between 6.6% and 6.7%. Learn when mortgage rates will go down.
The fed announced its fourth straight rate hold yesterday and signaled that 2024 rate cuts are not likely for a few months. By 2025, with lower rates, existing home sales should rise more convincingly. likewise, realtor.com sees home prices beginning to decline in 2024, falling 1.7% over the year.
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