Will Mortgage Rates Go Down In 2024 Uk

Will Mortgage Rates Go Down In 2024 Uk. Mortgage rates have been falling thanks to positive inflation data and the belief that interest rates have peaked after the bank of england (boe) held the base rate. Explains what higher costs mean for home buyers and people remortgaging, and offers advice on finding the right mortgage.

Lower mortgage rates could be on the way after the return of inflation to its target boosted the chances of a summer cut in. More than 1.5 million uk households will see their mortgage payments fall by the end of this year if interest rates are cut as markets expect, according to the bank.

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