Will Home Loan Interest Rates Go Down In 2024. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by. If inflation continues to dissipate and the economy cools or goes into a recession, it’s likely mortgage rates will.
Inflation is predicted to slow down to the rba’s target band in late 2024, unless there are any upsets. Although inflation is cooling more slowly than expected, it is cooling.