Homeowners will be forced to “scramble around” for good value fixed-rate mortgages in the future as interest rates “fly up”, an industry expert has warned.Jacqueline Thornton, financial planner at Re-Financial Planning, said householders that are currently happy to benefit from currently low-priced standard variable rate mortgages will struggle to find a reasonably priced fixed-rate deal [...]
More: Expert predicts mortgage ?scramble? as rates rise