Will Interest Rates Go Lower In 2024. The fed's actions and comments prompted mortgage interest rates to start falling to close out the year, and there could be room for further mortgage rate. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.
Earlier this week, the fed announced it was leaving the current federal funds rate, which helps set interest rates for loans throughout the economy, unchanged at. Mortgage interest rate forecast for 2024.
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