Interest Rates Rising [2021- What should you do?]

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  • Опубліковано 4 січ 2025

КОМЕНТАРІ • 6

  • @Progressfs
    @Progressfs  3 роки тому

    What do you all think? Do you expect rates to rise and if so how much?

  • @Raj-doot-online
    @Raj-doot-online 3 роки тому +1

    Excellent channel 👏 👍

  • @stevewalker9888
    @stevewalker9888 3 роки тому +1

    Hi Michael.
    Steve macs got us a mortgage. But we are still in this chain and it’s not been activated as such ( if that’s the correct terminology)
    With the rates going up which would follow the trend with other countries around the globe , would there be a situation where the mortgage company would rewrite this mortgage offered to coincide with the suspected rise .
    Or would it be written and stay as it was when it was offered? Missed ya for a bit pal. Just going back through your previous info and videos.

    • @Progressfs
      @Progressfs  3 роки тому +1

      If you have the offer then your rate won’t change unless the offer expires (usually valid for 6 months) before you complete and you need to reapply

    • @stevewalker9888
      @stevewalker9888 3 роки тому

      @@Progressfs cheers mate. Just had the go ahead this afternoon to get searches done or at least let the teams know to get ready