Will Mortgage Rates Fall In 2024. What will happen to the bank rate in 2024? Our current expectation is that the fed will lower rates once in 2024, with a small chance they drop rates two times, says jason obradovich, a chief investment.
When will mortgage rates (really) fall? Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024.