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Sara Odeen-Isbister & Sonia Sharma

Martin Lewis' MoneySavingExpert team issues useful advice on fixed rate mortgage deals

If you are wondering whether you should secure a fixed-rate mortgage deal now or hold off, this advice might help.

Interest rates went up in September last year following the Government's Mini Budget, with fixed rate deals below 5% completely disappearing. But they started returning in November and have continued to improve as a result of increased economic stability coupled with competition between lenders.

There are now hundreds of fixed rate deals on offer below 5%. Experts are predicting rates will continue to fall even further in the coming months - some brokers say maybe as low as 4%, reports The Mirror.

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