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UK: Banks pull fixed rate deals and mortgages face being £100 a month more expensive by this Friday (www.telegraph.co.uk)

posted 2 years ago by swampbeast 2 years ago by swampbeast +38 / -0

Mortgages face being £100 a month more expensive by this Friday

Bank intervention risks fuelling huge rise in mortgage costs as markets brace for 6pc interest rates

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– Pbman2 2 points 2 years ago +2 / -0

That's terrible,I'm glad I have a low fixed rate,from my credit union.

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– NoApologyTour 1 point 2 years ago +1 / -0

Out of curiosity, are you in the US? How long did they let you lock it in for?

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– Pbman2 2 points 2 years ago +2 / -0

Yes I locked in for 15 years. 15 and 30 are normal here.

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