Karyl Fredelia

Mortgage Interest Rates 2024 Forecast Uk Bank. Uk mortgage rate forecast for 2024. British house prices unexpectedly fell in august for their first monthly drop since april but the outlook for the property market is likely to strengthen, nationwide building.

The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to. Lower mortgage rates could be on the way after the return of inflation to its target boosted the chances of a summer cut.