Mortgages: as a rate rise looms, it’s time to fix repayments

Security over monthly outgoings is vital for many homeowners. Here’s a guide to the best dealsIt was a sharp reminder to a generation of homeowners that low rates would not last forever when Bank of England governor Mark Carney announced in November that interest rates were to rise for the first time in a decade.That reminder – and the announcement there will be two more rises by 2020 – led to a flurry of activity among mortgage holders, who moved to fix their rates and lock in