Interest rates are increasing likely to stay high for longer because inflation is still a problem, meaning borrowers expecting a rate cut will have to wait even longer. But there are things that can be done to help reduce your mortgage rate in the meantime.
In this episode of Cost of Living Secrets, Ricardo Gonçalves and Peggy Giakoumelos speak with Sally Tindall, Research Director for RateCity who shares her tips on:
- How to re-negotiate your mortgage rate
- When does it pay to swap lenders?
- Why the banks don't want you to lose your home.
- Savings rates what's good what's not so good.
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