Will Mortgage Interest Rates Go Down In 2024. Here's where experts think mortgage rates will start in 2024, how they think they'll change and other economic. With the bank of england dropping the base rate in august for the first time since 2020, mortgage rates are nudging down.
Experts believe that once the fed cuts rates in 2024, refinance volume will improve as borrowers who took on high mortgage rates will. Mortgage rates are currently expected to continue trending down through 2024 and into 2025.
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