BBC News - Dangers for FOMO mortgage hunters as rates fall
Falling mortgage rates may, at last, be bringing some relief to embattled homeowners and first-time buyers. In a market described as "frenetic", lenders are locked in intense competition for new customers while simultaneously trying to hold on to borrowers already on their books.
Borrowers should monitor their rates, particularly a few weeks before their mortgage completes, to ensure they are getting the best possible rate, said Aaron Strutt, of broker Trinity Financial.
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