Mortgage Rates 2024 Forecast Uk. 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.
— this positive shift comes after a year of price declines in 2023, with the estate agency revising its forecast from a 4% drop to a 3% rise in house prices for 2024. Lower mortgage rates could be on the way after the return of inflation to its target boosted the chances of a summer cut.