Josi Lavinie

Mortgage Interest Rates Prediction 2024 Uk. If you’re looking to remortgage or buy your first home, a cheaper deal can make a big difference to your monthly finances. Uk interest rates were cut on 1 august 2024 for the first time since 2020, bringing relief to many households and businesses struggling with higher mortgage.

Uk mortgage rate forecast for may 2024. 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%.