Will Mortgage Interest Rates Drop In 2024 Uk

Will Mortgage Interest Rates Drop In 2024 Uk. Why have mortgage rates gone down since last summer? This was in response to the bank of england’s interest rate increases from 0.1%.

Uk lending for house purchases will fall by 8% in 2024, a trade association representing banks is predicting. You can see how your mortgage may be affected by interest rate changes by using our calculator: