Mortgage Rates 2024 Reddit Uk. Many economists believe the bank rate will settle somewhere around the 3.25% to 3.5% mark in the next couple of years, which would point to fixed mortgage rates of between 3% and 4%, depending on. Further interest rate hikes are accepted in 2023, with forecasts for interest rates uk showing the base rate can increase to between 4.25% and 4.75% by the middle of 2023 and remain around this level for the rest of the year.
Average 2 year fixed mortgage rate at 60% ltv was 4.30%. So if you think you might stay for anything more than 4 years and 2.