Are Mortgage Rates Expected To Drop In 2024. If inflation continues to dissipate and the economy cools or goes into a recession, it’s likely mortgage rates will decrease. Sat, sep 14, 2024 6 min read.
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. Now that inflation is easing, mortgage rates are expected to decline throughout 2024.