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Money Box Live: Mortgage Affordability

Money Box

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How to Deal With a Fixed Rate Crisis

Yvonne's fixed-rate mortgage ends on the 2nd of September. She decided to take a chunk of life savings and pay that towards her mortgage. Her interest rate is now at 5.54%, up from 1.54%. Yvonne: "It's putting the brakes on our spending to try and get inflation under control"

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