Mortgage Rates Decline September 2024.  — 5/1 arm refinance rates soar (+0.34%) the 5/1 arm refinance rate is 5.53%, up 34 basis points from last week's 5.19%.  — when will mortgage rates go down?

 — when will mortgage rates go down? With all signs pointing to a fed cut in september, there’s room for mortgage rates to fall more in the coming months and into.