Mortgage Rate Forecast Uk 2024. August 14, 2024 12:57 pm (updated 3:33 pm) mortgage rates could fall to 3.5 per cent by the end of the year in good news for homeowners, experts have predicted,. Base rate forecast to fall in may.

Lenders cutting rates to compete. The base rate has fallen for the first time in more than four years, after the bank of england opted to cut on 1 august 2024.