Healthcare Technology Fact-Checked Health Content

What the interest rate rise means for you

By administrator February 7, 2023 1 min read

This Is Money editor Simon Lambert explains what last week’s interest rate rise to 4% means for you and your savings in his latest video Q&A.

He explains why savers should not hesitate to take advantage of rates of 3% or more before they start falling.

And explains why rates could still be high when most fixed rate mortgages end.

Watch the video here:

Source: | This article originally belongs to Dailymail.co.uk

Original Article

This article was curated and reviewed for clarity and reader accessibility by the Healthly Days healthcare content system.