Will Home Loan Interest Rates Go Down In 2024 Calendar

Will Home Loan Interest Rates Go Down In 2024 Calendar

No, the home loan rates are not expected to go down but to rise in 2024, following a recent 25 basis points hike,. The federal reserve held interest rates steady wednesday, but indicated a rate cut could come as early as september if inflation continues to moderate.

Homebuyers might consider buying now and refinancing later. It’s always a good year to compare your home loan interest rate and see if refinancing is right for you at that moment in time.