Worried about an interest rate hike? Lock into a fixed rate deal.
Recent interest rate rise predictions are for an increase as high as 5% in the future.
With an increase like that homeowners who are not locked into a fixed deal could end up in financial trouble. Mortgage-holders are advised to think carefully about what could happen if mortgage rates do rise, ask yourself could you afford to pay more for your home each month?
To avoid economic hardship should rates be hiked, lock into a competitive fixed rate while you still can.
Locking into a fixed rate deal while rates remain at record lows makes sense.
Fixed rate mortgages are currently set at rock bottom levels and there are currently many cheap deals available at all deposit levels. If you are concerned about a potential rate rise, avoid the panic and locked yourself into a low rate mortgage now while you can.
To find out what rate you can achieve make an online search right now. Just click below and within seconds you will have a list of the most competitive fixed rate mortgages to suit your circumstances.
You can choose varying terms from 2 to 10 years, choosing which deal is right for your needs will depend on your personal circumstances. Before making any decision on which fixed rate mortgage to choose speak to an adviser at Deal Direct on 0800 048 8828.
Begin your online search now by clicking below.
