Will Mortgage Refinance Rates Go Down In 2024

Will Mortgage Refinance Rates Go Down In 2024. Will mortgage rates go down in 2024? As mortgage rates drop, borrowers with rates in the 7% or 8% range should be able to save money by refinancing.

In 2024, do not anticipate. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024.