Mortgage Rates Expected 2024 Uk. This guide explores the current and predicted interest rates in uk and how they affect the mortgage market. A bigger than expected drop in consumer price inflation to 3.9 per cent in november raised hopes that the bank of england would.
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. Whether mortgage rates will go up or down in 2024 depends on a few things.
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