Mortgage Rates Coming Down In 2024 Uk . House price predictions 2024 and 2025. Lower mortgage rates could be on the way after the return of inflation to its target boosted the chances of a summer cut in the base rate of.
โ the bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to an end. On 1 august 2024, the bank of england base rate fell to 5% from 5.25%.
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