Will Mortgage Interest Rates Go Down In 2024 In India. With fed’s standstill, cuts could come soon, say experts. The reserve bank of india (rbi) is expected to go for a smaller hike in lending rates in its february monetary policy, believed experts.

If inflation continues to dissipate and the economy cools or goes into a recession, it’s likely mortgage rates will decrease in 2024. Existing home loan borrowers may gain more from the falling.