When Will Mortgage Rates Drop 2024. Our current expectation is that the fed will lower rates once in 2024, with a small chance they drop rates two times, says jason obradovich, a chief investment. The current mortgage interest rates forecast is for rates to continue on a gentle downward trajectory over the remainder of 2024.

Bigger declines needed to spur buyer demand, economist says; According to forbes, despite expectations that the federal reserve will finally cut its benchmark interest rate at its.