When Will Home Interest Rates Drop 2024. Learn when mortgage rates will go down. 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.
The recent drop in interest rates would have shaved $66 off the monthly payment of around $3,435, mr. Housing prices in the us were surprisingly resilient last year in the face of a jump in mortgage rates.