Mortgage Interest Rates 2024 Forecast Uk 2024. Uk interest rates are likely to settle at just above 4% over the longer term as deglobalization and the end of china’s demographic boom put upward pressure on. Mortgage rates are going down and may drop further, experts believe.
House prices rose 1.7% in 2023, the halifax announced last week, underlining how positive the data has become since last summer, when declines of 5% looked likely. Falling interest rates will cut mortgage payments for households who have deals that track the bank of england rate.
Mortgage Interest Rates 2024 Forecast Uk 2024 Images References :