Mortgage Rates 2024 Prediction Uk Gov. According to the latest forecasts by financial analysts, uk interest rates are expected to stay around the current level of 5.25% until summer 2024. There is a possibility of a slight increase to 5.5% if.
Ey item club predicts the rate will drop to at least 4.25% by the end of 2024, and perhaps as low as 4.00%. Finally, the bank of england cut interest rates on the 1st august for the first time since march 2020.
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