Will Home Loan Interest Rates Go Down In 2024. Mortgage rates could fall in 2024, but that’s not a given. It's a commonly drawn conclusion that when the federal reserve raises interest rates—as it did aggressively during 2022 and 2023—mortgage rates are pushed higher.
It’s hard to predict exactly where mortgage interest rates will go in 2024, as much depends on factors like the state of the economy and how the fed responds to inflation. Will mortgage rates go down in 2024?