Will Mortgage Interest Rates Go Down In 2024 If You. Homebuyers and homeowners alike want to know: It's a commonly drawn conclusion that when the federal reserve raises interest rates—as it did aggressively during 2022 and 2023—mortgage rates are pushed.

Current mortgage rates for august 5, 2024. Federal reserve widely expected to begin cutting its benchmark interest rate in 2024, mortgage rates could drop as well—at least.