Mortgage Interest Rates 2024 Forecast Uk Forecast

Mortgage Interest Rates 2024 Forecast Uk Forecast. This guide explores the current and predicted interest rates in uk and how they affect the mortgage market. Here we explore when rates could be cut again.

Based on the various factors considered above, we expect five year fixed mortgage rates of between 4.25% and 4.75% for the better part of 2024. The bank of england governor has said interest rates are “now gradually on the way down” after holding borrowing costs at 5% in september 2024.