Audry Caralie

Projected Mortgage Rates 2024 Uk. Fixed mortgage rates have been plunging as lenders adjust deals to reflect falling swap rates, which are based on market. What factors will influence mortgage rates in the uk in 2024?

Since last year, interest rate forecasts in the uk have gradually risen as the bank of england tries to curb inflation, leading to fears of higher mortgage rates and more pressure on homeowners’. The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to.