Will Interest Rates Go Down In 2024 Uk

Will Interest Rates Go Down In 2024 Uk. Look at the estimated figures from the bank and you’ll see that interest rates are expected to stay at over 3% well past 2027. We look at what’s happening now and the longer term mortgage rate.

However, most experts agree that interest rates have peaked and will start to go down at some point in 2024. The bank of england this week is likely to resist signaling imminent interest rate cuts despite the arrival of new data that is expected to show inflation sinking to a 2.