Mortgage Rates Set to Drop Again in December as Inflation Cools
- Mortgage rates likely to fall further in December as inflation cools
- Rates dropped in November after peaking in October; downward trend expected through 2024
- Inflation declining but still well above Fed 2% target rate
- Fed optimistic about taming inflation but rate hikes may not be over
- Forecast could be wrong if economic growth and inflation pick up again