Mortgage Interest Rates 2024 Forecast Uk. How much further could interest rates fall in 2024? If inflation continues to stay low, industry insiders are optimistic that average mortgage rates could fall below 5% again 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. The pound fell by nearly 1% against the dollar to $1.317 on thursday morning, with expectations of lower rates meaning people think they will make less money on.