Will Interest Rates Go Down In 2024 Uk

Will Interest Rates Go Down In 2024 Uk. More deals under 4% are coming on to the market, as the bank of england 's (boe) decided to keep interest rates on hold, with another mortgage war looming that is. The bank of england held uk interest rates steady at 5% in september.


Will Interest Rates Go Down In 2024 Uk

Although uk inflation briefly hit the bank’s 2% target in may and june, it is forecast to remain slightly above that level for the rest of 2024, before settling back. Interest rates are now gradually on the path down, the bank of england governor has said after borrowing.

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