Banking

With interest rates on the up and up many people are increasingly worried about how they will meet their mortgage repayments. This is a phenomenon known as mortgage stress. If this is you, there are steps you can take to reduce mortgage stress – and the earlier you act if you’re in this situation, the better. So here are some tips for reducing mortgage stress in your life.

Tip 1 Talk to your bank

Why not go and see your bank manager and ask if he or she can offer you a better home loan rate than you’re currently getting?