Mortgage Rate Trends 2024. Early delinquency transition rates for mortgages increased by 0.1 percentage point yet remained low by historic standards. Once bank rate starts to fall and the outlook for rates looks clearer, tracker rate deals are likely to fall in price and look.
Expect prime rate at 6.2% by the end of 2024 and 5.45% by the end of 2025. Once bank rate starts to fall and the outlook for rates looks clearer, tracker rate deals are likely to fall in price and look.