Current Prime Rate Today 2024 Uk. In july 2024, the retail prices measure of inflation, or rpi, rose and remained higher than cpi: The bank of canada, canada's central bank, has lowered its benchmark target overnight.

In this article, we break down the current average mortgage rates in the uk for 2024 and look at the potential direction of future uk mortgage rates. Therefore, the benchmark rate in the uk is now 5.00%.