Predicted Mortgage Rates 2024 Uk. Homeowners will now be hoping that the next move for mortgage rates will be down and soon, especially after inflation held at 2% in the 12 months to june. 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.
Lower mortgage rates could be on the way after the return of inflation to its target boosted the chances of a summer cut. They are forecast to fall below.