Mortgage Rates Decline September 2024
Mortgage Rates Decline September 2024. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024. Mortgage rates have fallen four months in a row, and they'll probably go down in september and extend the streak to five months.
Mortgage rates tumbled in august after a weaker jobs report spooked investors and fueled further expectation for a federal reserve rate cut in september. Of those polled, 60 percent of respondents predict rates will.