Fed Rate Cuts 2024 Predictions Prediction Pdf . Mortgage interest rates in 2024. Fixed income markets as assessed by the cme’s fedwatch tool are currently looking a federal funds rate reduction of 0.75% to 1.5% by december 2024.
Today, the average mortgage interest rate is 6.46%, and as of q2 2024 (the latest data), the median home. Federal reserve officials expect to cut interest rates three times in 2024, according to its latest summary of economic projections.
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