Will Mortgage Interest Rates Drop In 2024 Usa. We can expect slightly lower. Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6%.
Experts estimate that mortgage interest rates should peak near 7% — possibly up to 8% — and gradually trend lower, potentially landing between 5% and 6%. Morgan economic research predicts the federal reserve (fed) will lower rates by at least 100 basis points (bps).