Mortgage Rates Falling 2024 Uk. Read on and we’ll explain how this may affect mortgage interest rates and what that means for you in 2024. With some experts speculating that interest rates could be cut from march 2024, this is good news for homeowners.
What difference will a labour government make to interest rates? Uk lending for house purchases will fall by 8% in 2024, a trade association representing banks is predicting.
Will Mortgage Rates Go Down More?
Interest rates have remained frozen at 5.25% since august 2023.
Base Rate Forecast To Fall In May.
Uk mortgage rate forecast for may 2024.
Mortgage Rates Falling 2024 Uk Images References :
Lenders Cutting Rates To Compete.
Whether mortgage rates will go up or down in 2024 depends on a few things.
With The General Election Over And Inflation.
Mortgage holders will be hoping that the next move will be down and soon, especially after inflation held at 2% in the 12 months to june.