325 | How high could interest rates go? Plus Premium Bond hike, loyalty point value & State Pension top ups
Cash Chats UK Money & Personal Finance podcast
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The Effect of Rate Increases on Mortgage Rates
It may well be that the rates right now are at the peak. They won't get higher, but it's impossible to say though that they really could. If you're on a variable mortgage or tracker and want to fix your rate then maybe stay there for two years before swapping over into a fixed deal. Do you fix now? Do you not? It's a really hard call to make. I will let you know in the podcast next week if there is some support announced of some kind for people who are struggling with their mortgage. But obviously because I'm recording this on Friday rather than my normal Monday, I'm not going to say too much right now as it'll be something could
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