Mortgage Rate 2024 Forecast Uk. Under current forecasts, which would see mortgage rates fall below 4 per cent in the second half of this year, capital economics expects some mortgage holders. If inflation continues to stay low, industry insiders are optimistic that average mortgage rates could fall below 5% again in 2024.

What are the latest uk mortgage rates? 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.