Why have more people not heard the latest on mortgage rates?
Major lenders including Natwest, Barclays and other big lenders have announced rate drops. for example HSBC 1.29%
Also, with the rates being so low now could be the best time to consolidate all debts into one manageable monthly payment.
The rate drop applies across many mortgages, however this debt consolidation remortgage strategy is for current homeowners only.
Many new lenders are also starting to offer fixed term loans for more then 10 years plus for example Virgin.
Read more about this here.