Mortgage Interest Rates 2024 Forecast Uk Government. How to get a lower mortgage rate. House prices rose 1.7% in 2023, the halifax announced last week, underlining how positive the data has become since last summer, when declines of 5% looked likely to widen.
Under current forecasts, which would see mortgage rates fall below 4 per cent in the second half of this year, capital economics expects some mortgage holders. The government’s official forecaster, the office for budget responsibility (obr), said at the time of the autumn statement in november that it expected house.
