Mortgage Rate Projections 2024 Uk. There is concern mortgage rates could continue to rise in march, amid expectations that the base rate of interest may take. Uk mortgage interest rates can change quickly at the moment, depending on the current cost of swap rates, bank of england (boe) base rate announcements, and lenders'.

So what can you expect in 2024? Further mortgage rate cuts could be on the way as lenders look to compete for borrowers.