Will Interest Rates Go Down In 2024 Mortgage. If inflation continues to dissipate and the economy cools or goes into a recession, it’s. Most expect mortgage rates to go down in 2024, which was actually the call in 2023 as well.

Mortgage rates are expected to decrease by nearly 1% by year’s end — from 6.6% down to as little as 5.75% — according to recent housing forecasts. Here’s what some experts are predicting.