Will Mortgage Interest Rates Go Down In 2024 Usa. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. Still, many experts think mortgage interest rates will start to trend downward.
Forbes advisor average mortgage rates for august 2024. If inflation continues to dissipate and the economy cools or goes into a recession, it’s likely mortgage rates will decrease in 2024.