When discounted rates end: the cost of taking action in the mortgage market
Subject
Finance, Finance
Publishing details
Financial Conduct Authority
Authors / Editors
Belgibayeva A;Bono T;Bracke P;Cocco J;Majer T
Biographies
Publication Year
2020
Abstract
When an introductory mortgage rate expires the majority of borrowers remortgage, but a minority end up paying reversion interest rates. Who are these borrowers and how much could they benefit from remortgaging?
Series Number
Occasional Paper No. 54
Series
Financial Conduct Authority
Available on ECCH
No
