Jane Mirilla

Mortgage Rates In November 2024 Uk. You can see how your mortgage may be affected by interest. Most experts believe mortgage rates are due to go down further, they’re just not sure quite when or how far.

While many experts predict that the base rate will be cut next year, this depends largely on whether uk inflation continues to fall as expected. The bank of england governor has said interest rates are “now gradually on the way down” after holding borrowing costs at 5% in september 2024.