Will Mortgage Rates Go Down In May 2024. Whether mortgage rates will go up or down in 2024 depends on a few things. High mortgage rates have acted to dampen demand, with the market seeing a fall in activity and properties taking longer to sell.
Morgan economic research predicts the federal reserve (fed) will lower rates by at least 100 basis points (bps) through the end of. Whether mortgage rates will go up or down in 2024 depends on a few things.
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