Fed Interest Rates 2024 Forecasting. Experts believe that once the fed cuts rates in 2024, refinance volume will improve as borrowers who took on high mortgage rates will jump at the chance to lower. Eleven rate hikes later, the fed funds target range is now.
The federal reserve open market committee is expected to cut interest rates in 2024, perhaps starting in september as inflation cools. The federal reserve is widely expected to keep interest rates on hold at its meeting next week but the latest “dot plot” will give insight into the us central bank’s.