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Interest rate cut special: what savers & mortgage holders need do now. Including… why locking in savings can be a winner.

The Martin Lewis Podcast

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Navigating Interest Rate Changes

This chapter explores the effects of recent interest rate cuts on mortgages and savings strategies. It highlights the differences in impact on fixed-rate and variable-rate mortgage holders, while also discussing the anticipated decline in savings rates for various accounts, particularly cash ISAs. Listeners are advised to act swiftly to secure higher fixed rates and consider strategic account selections to maximize their returns amidst the evolving financial landscape.

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