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.
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All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.