Mortgage Rates Decline September 2024 Uk. Consultancy capital economics forecasts house prices will probably fall 1.5 per cent in 2024, and that mortgage rates will sit just below 5 per cent for most of the year. There is widespread consensus that the bank of england will cut interest rates by a quarter percentage point (0.25%) in september, taking it to 5%.
But is it better to grab one now or will mortgage rates. Consultancy capital economics forecasts house prices will probably fall 1.5 per cent in 2024, and that mortgage rates will sit just below 5 per cent for most of the year.
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