Mortgage Rates Drop 2024 Usa. According to the february 2024 mortgage monitor report, nearly half of the individuals who purchased a home last year could benefit from a refinance if rates drop. While experts expect rates to drop somewhat in 2024, how far they might fall remains to be seen.
A separate 2024 housing forecast by realtor.com predicted that mortgage rates will drop to 6.5% by the end of 2024. Will mortgage rates drop in early 2024?