Mortgage Interest Rates 2024 Forecast Uk Pounds. What will happen to mortgage rates in 2025? Mortgage rates represent the interest charged on a mortgage loan.

The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to. A majority 65% of economists, 39 of 60, forecast the boe to only cut rates once more this year, leaving borrowing costs at 4.75%.