Mortgage Rate 2024 Forecast Uk. 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. Mortgage interest rates are likely to keep going down in 2024.
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 to widen. House price predictions 2024 and 2025.