00:01Mortgage rates are rising quickly, leaving borrowers facing uncertainty over costs and
00:06deals. Brokers say lenders are increasing rates or withdrawing products at short notice,
00:11especially those aimed at first-time buyers with smaller deposits. Some deals are lasting
00:17only days before being removed. Average fixed rates have climbed in recent weeks, with market
00:23volatility linked to global tensions, affecting expectations for interest rates. That has made
00:29it harder for people to judge whether they are securing a competitive offer. Experts say
00:36borrowers may need to seek independent advice as the situation continues, while some retirement
00:41income products are becoming more attractive.
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