Will Home Mortgage Rates Go Down In 2024. Mortgage rates are back above 7%—will they drop again in 2024? Until rates and home prices both start to drop, we’ll likely see affordability remain low, channel says.
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December 11, 2023 / 9:49 Am Est / Cbs News.
Clues from wednesday's fed announcement.
Want To Stay Updated On The Housing Market?
Mortgage rates soared in the summer of last year to an average of nearly 7% but thanks to some brusque price cutting in januarythey dropped to around 5.6%.
Mortgage Rates Are The Highest They've Been In Decades But Will 2024 Bring Some Relief?
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