Martin Lewis was back at the helm of his self-titled TV show on Tuesday night (July 11) to give viewers his latest advice on mortgages. The Money Saving Expert founder hosted a 'mortgage special' of his live ITV show, The Martin Lewis Money Show Live, which saw him tackle tough questions on the mortgage crisis.
As interest rates continue to rise, many homeowners are facing sky-high monthly repayments that are unaffordable amid the crippling cost of living crisis, where energy prices and other household bills are also soaring.
Whilst introducing the 'emergency' edition of his show, Martin told viewers that mortgage rates were now at a 15-year high. He said: "Today mortgage rates rose again. They are now higher than after the mini budget fiasco, higher than at any time since 2008.
