Interest Rates 2024 Forecast Uk. Average 5 year fixed mortgage rate at 60%. The market is now pricing in that the bank of england base rate will fall below 5% by october 2024.
Annual price growth of restaurants and hotels dropped to 4.9 per cent in july from 6.2 per cent in june, according to the ons, and was the largest drag on the. The bank of england is widely predicted to cut.