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Martin Lewis cautions property owners to inspect home mortgage rates NOW|Personal Financing|Financing


May 12, 2022
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Mr Johnson advised individuals to think about whether now is a great time to get a home mortgage.

He included: “Purchasers require to make sure not simply that they can pay for regular monthly home mortgage payments and the associated expenses, however that it is truly the very best time for them to purchase and not hypothesize on the home market.

” Rate of interest look set to continue to increase, so set rates with payment security will avoid those with home loans suffering the effect of additional variations.

” The home market still hasn’t seen a significant downturn, with need still overtaking supply, however if rates of interest and home mortgage business’ cost requirements continue to increase we will eventually see a fall in home costs.”

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