Q How do I find the right mortgage?
A Rising interest rates are grim news for homeowners with a mortgage, or first-time buyers hoping to borrow. After many years of seriously cheap home loans, borrowers are now facing much bigger monthly repayments with mortgage rates climbing. The higher the interest rate, the more you pay back.
Not everyone will have to pay more yet. Existing homeowners who took out a fixed-rate mortgage in the last few years are still sitting pretty — for now. Especially those who took out a 10-year deal. (Oh, to go back in time and snap one up). That fixed
