Fix your mortgage now or wait?

Interest rates have surged and for many people that’s a huge problem. If you have a mortgage which is coming to the end of its fixed rate period or if you are buying a new house then you may be thinking: Should I go for a variable rate mortgage assuming interest rates are going to fall? Or: Should I go for a fixed rate mortgage assuming that rates could actually go even higher? So in this video, I consider this question for both the US and UK markets.