Mortgage Rates Prediction 2024 Uk. In freddie mac's weekly survey (which the above forecasts are based on), it averaged 6.5%, down from 6.85% in july. The driving force behind this.
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. Mortgage rates are likely to steal the headlines, and with the renters reform bill, leasehold changes and the very real possibility of a general election looming.