Will Uk Mortgage Rates Drop In 2024. August 14, 2024 12:57 pm (updated 3:33 pm) mortgage rates could fall to 3.5 per cent by the end of the year in good news for homeowners, experts have. The boe's rate setting committee voted.
Under current forecasts, which would see mortgage rates fall below 4 per cent in the second half of this year, capital economics expects some mortgage holders. Uk lending for house purchases will fall by 8% in 2024, a trade association representing banks is predicting.