Mortgage borrowers rush to fix as rates rise fast !
Article Published: Saturday, June 27th, 2009
We here at mortgage-xperts have been warning that rates are on the increase. You only have to see our recent advert in Liverpool Life Style magazine in which we published a graph provided by the abbey. The graph showed what has happened to interest rates after being pushed artificially lower to stimulate demand. The rate has literally took off at a 90 degree angle. Heaven knows what interest rates will go too from this historic low and all I can say is fix our rate now.
Do not be one of the many that will be left behind. Trust what the market is telling you. Yes you may be paying more in the short term but you will reap the benefit when everyone else is staring around wondering how it all went so wrong.
We do not charge a broker fee. We will search the whole market for the best fixed rates and they are not the 2 year fixed that seem so tempting now from the likes of the HSBC or Brittannia Building Society.
By Steve Wood - Director of Echelon Mortgages Ltd
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Should I fix my rate or take out a tracker - Tuesday, July 14th, 2009
Mortgage borrowers rush to fix as rates rise fast ! - Saturday, June 27th, 2009