Mortgage Rates Fall 2024 Uk. Following on from this, we expect mortgage rates. High mortgage rates have acted to dampen demand, with the market seeing a fall in activity and properties taking longer to sell.
โ there are hopes mortgage rates will carry on dropping during 2024, as financial markets continue to predict the bank of england base will start falling by may. โ uk mortgage rates are expected to fall further after the bank of england held interest rates at 5.25 per cent after almost two years of rising borrowing costs.
