With the end of the era of low mortgage rates, borrowers face chaos when they rush into cheap deals. The best home loans are disappearing almost daily, and some five- and ten-year fixed-rate deals are now cheaper than two-year loans. Brokers say their “overwhelmed” demand is growing, with long delays, making approval approval four times longer. Disappearing deals: the best home loans are...
Mortgage chaos: how to sort out a home loan as interest rates rise
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