Who's to blame for this mortgage pain?
The News Agents
00:00
The Rise of Fixed Rate Mortgage Rates
In 2019, your average five year fixed mortgage was around 2.75%. Today the difference on these deals has jumped by 48% and the average five year mortgage now costs 5.79%. You will be feeling that if you are trying to pay back the price of your house each month because it will have to come from somewhere else. We're hearing stories from you already about the changes you're making - whether it's about having to downsize or scrap holidays.
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Transcript
