Are Mortgage Rates Expected To Drop Uk 2024
Are Mortgage Rates Expected To Drop Uk 2024. Uk house prices will probably fall further in 2024, according to forecasts by two of the country’s largest mortgage lenders, as stubbornly high borrowing costs. House prices have been largely flat over the past 12 months (annual property price rises range from 1.1% to 1.6%) according to the latest.
Interest rates on fixed mortgage deals are expected to fall over the coming weeks, despite the bank of england increasing the base rate to 4%. Mortgage rates are now past their recent peak.
