Interest Rates Will Rise In 2022 – Time To Fix Your Mortgage Rate?

Money Tips Daily by Charles Kelly, former IFA and author of

Interest Rates Will Rise In 2022 – Time To Fix Your Mortgage Rate?

Interest rates in the UK have already risen last year to 0.25% to curb soaring inflation, but rates may rise again as the cost of living continues to go up.

Are you prepared for interest rate hikes?

When will stock markets fall?

Will property prices go down?

People will always need somewhere to live and wealth, life expectancy and population has increased significantly over the last 50 years. China has taken a billion people out of poverty and become the second largest economy in the world.

Affordability and interest rates could slow the market down this year.

Property prices generally go up and sometimes fall for a few years, but in the long term they move in an upward trajectory.

If you have a low fixed rate and income, personal or rental, then you should be safe in the long term.

Crypto currencies have taken a hit in the last few weeks.

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