Will Mortgage Rates Go Down In September 2024 Lok. However, there is some optimism that mortgage rates could come down soon, due to several economic factors and the upcoming key dates of september 2024. As we approach october, rates are expected to settle around 6% to 6.5%.

While all signs point to the federal reserve cutting interest rates in september, there’s a harsh. The mortgage bankers association expects mortgage rates to level off at about 6.4% this year, 5.9% in 2025 and 5.5% by the end of 2026, compared to 3.70% at.