Will Mortgage Rates Go Down In 2024 Uk

Will Mortgage Rates Go Down In 2024 Uk. On 1 august 2024, the bank of england base rate fell to 5% from 5.25%. 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 an end.


Will Mortgage Rates Go Down In 2024 Uk

At the start of the year, most experts believed mortgage rates would fall during 2024. Those on tracker deals linked to the base rate should see their mortgage rate come down almost immediately.

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