Will Mortgage Rates Go Down In 2024 Uk. Uk mortgage interest rates can change quickly at the moment, depending on the current cost of swap rates, bank of england (boe) base rate announcements, and lenders' discretion. In february this year, inflation dropped to 3.8% and is expected to meet its 2% target in the coming months.
Will uk mortgage rates go down in 2024? Following on from this, we expect mortgage rates to continue falling over the next five years.