Expected Home Loan Interest Rates 2024. Last year home loan borrowers witnessed significant jump in their emis. The year 2023 will go down as a downer for many prospective home purchase candidates.

“by the spring of 2024…rates will hopefully be in the 6% range.” the fed paused its rate hikes in september and extended the pause just over a month later. One hopeful sign is that as powell and other fed officials have signaled that rate cuts are coming, many interest rates have already fallen in anticipation.