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.