Mortgage Rates Decrease 2024 Calendar. Follow weekly mortgage rate trends and expert opinions from the mortgage rate trend index by bankrate. Anticipated fed cuts provide optimism for descending rates, but ongoing inflation battles keep them in check.
Lower mortgage rates in 2024 โ nar is predicting the average will be 6.3% by the fourth quarter, down from 7.8% in 2023โs final three months โ will entice more. โby the spring of 2024โฆrates will hopefully be in the 6% range.โ the fed paused its rate hikes in september and extended the pause just over a month later.