Will Mortgage Rates Drop In 2024 . Mortgage rates fell this week to the lowest point in over a year and a half, as markets reacted to economic data showing a slowing economy. The mortgage spreads are improving in 2024.
Mortgage rates will have their biggest decrease in the first quarter of 2024, with the remaining quarters floating around the same average rate. Mortgage rates are around 6%—will they drop further in 2024?
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