Will Auto Interest Rates Drop In 2024 Uk. — greg mcbride, cfa | bankrate. Financial markets and traders are still expecting it to cut its base rate in 2024 due to the inflation rate falling sharply since peaking at 11.1% in october 2022, which.

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. Each car loan will have a different interest rate.