Will Fed Lower Interest Rates In March 2024. But as of wednesday, only 1 in 10 continued to forecast a march rate cut. Though experts don't see a drop in mortgage rates right now, most foresee one later on in the year.
Though experts don’t see a drop in mortgage rates right now, most foresee one later on in the year. The federal reserve held its key federal funds interest rate at about 5.5% for march as it continues to fight persistent inflation in the economy.