Will Interest Rates Be Cut In 2024. Washington (ap) — federal reserve officials signaled wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on wall. That would reduce the rates for some existing mortgages to below 4 percent.
Washington (ap) — federal reserve officials signaled wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on wall. On wednesday, it reduced that forecast for interest rates to come down to 4.4% by the end of 2024 and 3.4% at the end of 2025.