Mortgage Rates August 2024 Uk Bank . The bank of england lowered its benchmark bank rate from 5.25% to 5% in august, and some forecasters suggest there may be another cut at the bank’s next meeting on 19 september, perhaps to. As happened in july, and as was predicted last month, fixed mortgage rates fell throughout august.
The bank of england held the base rate at 5% at its september meeting. The uk’s economy grew by 0.2% in august, according to official figures.
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