Will Interest Rates Rise Or Fall In 2024 Uk

Will Interest Rates Rise Or Fall In 2024 Uk. We look at what’s happening now and the longer term mortgage rate predictions to help you decide what to do with your mortgage. Property experts anticipate mortgage rates will fall gradually in late 2024 and early 2025, but opinion is split as to exactly when and by how much they'll drop.

And, if you have savings, you may be paid less interest. Interest rates shot up in the uk between december 2021 and august 2023 as the bank of england responded to runaway inflation.