As the Bank of England voted to hold base rate of interest, many mortgage experts are advising consumers to get hold of a fixed rate deals to see them through the credit crunch.
Many brokers believe that good fixed rate mortgage deals will soon vanish from the market as rates become stagnant and providers push up their rates.
A spokesman from John Charcol commented, "Several of the major lenders have re-priced their fixed rates upwards over the last week, and we would expect others to follow suit."