Will Interest Rates Go Down In 2024 Usa

Will Interest Rates Go Down In 2024 Usa. Zandi said the fed should bring interest rates down significantly from the current target rate of between 5.25% and 5.5%. If inflation continues to dissipate and the economy cools or goes into a recession, it’s likely mortgage rates will decrease in 2024.

Auto loan rates are likely to move down slowly, smoke said. Interest rates currently stand at 5.25% to 5.5%.