When Will Mortgage Rates Go Down 2024 Uk. Uk lending for house purchases will fall by 8% in 2024, a trade association representing banks is predicting. When will mortgage interest rates come down?
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. “even if everything works out and there are no more economic shocks and interest rates.
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