Home Mortgage Rates Predictions 2024 Uk. In its latest meeting, the bank of england again voted to cut the base rate from 5.25% to 5%. House prices rose 1.7% in 2023, the halifax announced last week, underlining how positive the data has become since last summer, when declines of 5% looked likely.

Tracker mortgage rates and svrs fall; Mortgage rates in the uk have fallen significantly in recent months but will mortgage rates go down further and if so, how far and how quickly?