Mortgage Rate 2024 Predictions
Mortgage Rate 2024 Predictions. The fed won't lower rates until inflation hits 2%, but cd rates are still likely to fall more in 2024. Based on their 2024 mortgage rate predictions and other factors—including home prices, housing inventory, and buyer.
This week’s federal reserve meeting could be the last one before a rate cut. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024.