Predicted Mortgage Rates 2024. What difference will a labour government make to interest rates? “by the spring of 2024…rates will hopefully be in the 6% range.” the fed paused its rate hikes in september and extended the pause just over a month later.
Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. September’s highly anticipated fed cut (with more predicted.