Mortgage Rate Projections 2024 Uk. 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 for the third. Should i take a tracker or fixed rate mortgage in 2024?

Fannie mae offers a slightly more optimistic view, forecasting an average rate of 6.8% for the third quarter of 2024 and 6.7% for the fourth quarter. Our uk housing chart pack has been updated with the latest data and our analysis of recent developments.