The housing boom is causing mortgage prices to skyrocket as banks take advantage of surge in buyers
Mortgage rates have skyrocketed in the last few months, with the average home-owner paying up to £480 more interest on their fixed-rate deal every year. The cost of an average two-year fixed-rate mortgage – which had an interest rate of 2 per cent in June – now stands at 2.24 per cent. Because of this increase, a … Read more