Mortgage Interest Rates Forecast 2024 Uk. What will happen to mortgage rates in 2025? If inflation continues to stay low, industry insiders are optimistic that average mortgage rates could fall below 5% again in 2024.

The driving force behind this range is the slight lowering in the five year average interest rate or swap rate projected in the financial markets. The 2024 uk mortgage rates are intricately linked to the broader economic climate.