Homeowners hoping for relief from decreasing interest rates may be facing disappointment. Recent research from Finder shows that despite two cuts to the Bank of England base rates since October 2024, mortgage rates have actually increased. Furthermore, savings rates have tumbled more sharply than anticipated. Many homeowners are caught in a difficult position as higher mortgage costs compound their financial challenges. Analysts suggest that while rate cuts may usually offer some relief, current market conditions are proving otherwise, making it imperative to seek alternative strategies for managing housing costs.