Will Mortgage Rates Go Down In June 2024. Will mortgage rates go down in 2024? Mortgage rates are likely to keep going down in 2024.
The policy rate is 4.75%, while the last inflation reading for april 2024 was 2.7%. The rate is down from last month’s 7.44%.
In Its June Mortgage Finance Forecast, The Mortgage Bankers Association Predicts That Mortgage Rates Will Fall From 7% In The Second Quarter Of 2024 To 6.6% By.
What could this mean for mortgage rates?
The Policy Rate Is 4.75%, While The Last Inflation Reading For April 2024 Was 2.7%.
Mortgage rates are likely to keep going down in 2024.
Will Mortgage Rates Go Down In June 2024 Images References :
Mortgage Rates Moved Sideways Through 2024.
This suggests a real rate of 2.3%.
The Rate Is Down From Last Month’s 7.44%.
Rates are generally expected to drop this year, but when they’ll drop and by how much largely depends on inflation.