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Eurozone crisis could push mortgage rates up
The Eurozone crisis seems to have no end in sight and it continues to have negative effects on our economy, investments, pensions and now the latest news is that it may effect your mortgage.
We have all seen the headlines about mortgage rates going up, heck we have talked about it enough here too, but now they are set to see further rate increases as Greece teeters on the brink.
Our advice to you would be that if your mortgage deal is due to end soon, or if you have been sitting on the standard variable for a while, you should make an appointment to talk to one of our advisers about getting a new mortgage deal. This means that you are more secure from rate hikes and inconsistencies in mortgage payments leaving you in a better position to plan ahead financially.
Read the full article from the Money Saving Expert here.