Home Interest Rates 2024 Chart By Month

Home Interest Rates 2024 Chart By Month. A good mortgage rate is one that aligns with current market trends and your financial situation. Check out the web's best free mortgage calculator to save money on your home loan today.

With inflation easing, the federal reserve announced a 50 basis point cut to its benchmark interest rate on wednesday — the first reduction in borrowing costs since. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024.