Will Mortgage Interest Rates Go Down In 2024 Uk. Discover the economic factors and forecasts shaping 2024's. If inflation continues to stay low, industry insiders are optimistic that average mortgage rates could fall below 5% again in 2024.
Prices bottomed out at £257,122 in march 2023 before climbing to £266,064 in the month of the election. Whether mortgage rates will go up or down in 2024 depends on a few things.