With claim and counter-claim about the post EU Referendum economy, one thing you can pretty much bet your house on is that interest rates are going to remain low for some time.
This is good news for borrowers. Mortgage rates are at all time lows and the best rates for two-year and five-year fixed-rate loans are at around 1.15pc and 2pc respectively.
Increased competition amongst lenders and volatility in the capital markets have also seen a lowering of rates for higher risk and niche borrowers.
Of course, while banks and building societies are competing hard for mortgage business, they are awash with savers’ cash and that means miserly rates for savers.