Will Home Mortgage Rates Drop In 2024 Uk. While it’s not possible to make accurate uk mortgage rate predictions for the next 5 years, the office for budget responsibility has forecast that mortgage rates on average are. 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.

But is it better to grab one now. How to get a lower mortgage rate.