Mortgage Interest Rates 2024 Predictions Uk. Mortgage rates have finally settled into a downward groove—at least for now. There’s been a dramatic change to the latest forecasts, with uk interest rates now predicted to fall from 5.25% to around 4.75% by the end of 2024 with the first rate cut forecast in august or september, though the.
Interest rates on fixed mortgage deals are expected to fall over the coming weeks, despite the bank of england increasing the base rate to 4%. Average 5 year fixed mortgage rate at 60%.
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