Will Mortgage Refinance Rates Go Down In 2024. This, and the fed’s cuts, should help bring mortgage rates down. Mortgage rates will likely continue to go down in 2024, then more significantly in 2025.
Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. Mortgage rates could fall in 2024, but that’s not a given.
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