A quarter of mortgage holders do not know what rate they're on - and it's about go up

A quarter of mortgage holders do not know what rate they’re on – and it’s about go up

If you have a mortgage you need to pay attention to your rates. Don’t sign things you don’t understand. Know what you’re paying for. Know where your money is going. This is just good sense. It will help you a lot financially. Mortgage rates may go up and if you aren’t paying attention you could be surprised by this and it could make it harder for you to make your monthly payment. You could even lose your home over it.

Key Takeaways:

Your mortgage and you. Is gender key in having all the facts?
Important things to know about your mortgage besides what you are paying now.
Where can you get the best advice and the best rates?

“Some 27% of those with a mortgage admit they do not know what rate they are on, a survey of more than 2,000 people for campaign group the Homeowners Alliance found.”