Will Mortgage Rates Be Lower In 2024 Or Not

Will Mortgage Rates Be Lower In 2024 Or Not. An elevated federal funds rate has made it hard for prospective homebuyers looking to take out a mortgage. While some people think that mortgage rates will fall further, not everyone is convinced that they'll drop.

An elevated federal funds rate has made it hard for prospective homebuyers looking to take out a mortgage. Fed rate moves are not directly linked to mortgage rate movement.