Mortgage Rates 2024 Forecast Uk

Mortgage Rates 2024 Forecast Uk. Mortgage rates are going down and may drop further, experts believe. Lenders started slashing mortgage rates amid the bank of england’s decision to cut the base rate from 5.25% to 5% on the 1st august, for the first time since march 2020.

Base rate forecast to fall in may. The mortgage rate forecast for the remainder of 2024 is that mortgage rates are expected to nudge down.