Mortgage Rates Set to Dip Below 4% as Banks Cut Fixed Rates
- Mortgage rates expected to fall below 4% soon due to decreasing swap rates
- Banks including Nationwide, Santander, and Halifax cut fixed rates on Friday
- Economists anticipate Bank of England rate cuts next year, earlier than expected
- Some brokers predict 5-year fixed mortgage rates below 4% within a month
- Major banks offering competitive rates to attract more buyers and remortgagers