
Mortgage mayhem, energy fixes, car insurance & Tesco tips
The Martin Lewis Podcast
How Mortgage Rates Are Set
Mortgages fall into one of two camps: variable or fixed. Fixed rates tend to move in line with the Bank of England base rate, which is currently 4.5%. But they can also move for a bank's own competitive advantage or disadvantage. We're going to come and do proper Q&A on mortgages a little later in the show.
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