Mortgage Rate Forecast Uk 2024. Lower mortgage rates could be on the way after the return of inflation to its target boosted the chances of a summer cut. 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.
In 2025 it is expecting interest rates to fall to 4pc, gradually coming down by 0.25 percentage points each quarter to hit 3.25pc by the end of 2025. Money markets were pricing in five cuts of.
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