Mortgage Rates 2024 Forecast Uk 2024. The mortgage rate forecast for the remainder of 2024 is that mortgage rates are expected to nudge down further following the bank of england’s decision to cut the base rate on the 1st august, for the first time since. Uk finance anticipates continuing challenges in.
Fannie mae’s august 2024 forecast (its latest at the time of writing) predicts that 2025 rates will start at 6.2% and trickle downwards by 0.1% each quarter, landing. We now expect uk mainstream prices to rise by 3% in 2024, which compares to a decline of 4% predicted in october.
