Will Mortgage Rates Fall Again In 2024. Following the fed's signals, mortgage rates already began. Property experts anticipate mortgage rates will fall before the end of 2024, but opinion is split as to when and how much they'll drop.

The expected decreasing inflationary pressure, plus the added impact of a falling federal funds rate in 2024, is likely to push mortgage rates lower. Demand for buying a home will remain strong in 2024 even though mortgage rates have been around 7% this year.