Projected Mortgage Rates 2024 Uk. Mortgage rates are not expected to fall further this year, but rising wages are likely to improve affordability for buyers as house prices stay. Maximum interest rate 6.06%, minimum 5.70%.

Many experts anticipate a gradual upward trajectory for. After hitting a new high of 5.25%, uk interest rates are expected to fall sharply in the coming two years with rates possibly between 3.5% and 4% in 2024 before falling to between 3% and 3.5% in 2025.