Mortgage Rate Trends 2024 Uk. Once bank rate starts to fall and the outlook for rates looks clearer, tracker rate deals are likely to fall in price and look more. Average 2 year fixed mortgage rate at 60% ltv was.
โ high mortgage rates and persistent inflation meant transactions fell by a fifth last year and average prices dropped by 5% in the year to september. Uk mortgage interest rates can change quickly at the moment, depending on the current cost of swap rates, bank of.