Interest Rates 2024 Usa Forecast

Interest Rates 2024 Usa Forecast. “by the spring of 2024…rates will hopefully be in the 6% range.” the fed paused its rate hikes in september and extended the pause just over a month later. In the latest “dot plot” of officials’ forecasts, most expected the policy rate would fall to 4.25 per cent to 4.5 per cent by the end of 2024, suggesting another large.

If you’re keeping an eye on mortgage rates to try and buy a home, here’s where experts think they could head this summer. The widespread expectation is for a cut of 0.25 percentage point, or 25 basis points, to benchmark rates from the current range of 5.25% to 5.5%.