Mortgage Rates 2024 Predictions Uk

Mortgage Rates 2024 Predictions Uk. Mortgage rates have been falling thanks to positive inflation data and the belief that interest rates have peaked after the bank of england (boe) held the base. Capital economics (ce) predicts that it will come right down to 0.7% by the end of the 2024 and be around 1% in 2025.

As for the base rate, last september ce predicted it would. This article looks at why mortgage rates have recently been falling in the uk and whether this is expected to continue in 2024.