What next for interest rates and how bad will it get for mortgages?

The Bank of England held the base rate again on Thursday but mortgage rates have soared this week.

Major lenders have made a wave of hikes and there are warnings that more are on the way, so what's going on?

Is this just another temporary spike as the mortgage market throws one of the wobblies we've seen a number of times in recent years or serious bad news, with rates set to stick higher?

On this week's podcast, Georgie Frost, Lee Boyce and Simon Lambert discuss interest rates, what this could cost people and what you can do if you need to remortgage.

Plus, what does this all mean for gilts and the Budget and did the Bank of England quietly make a decision that could make things materially better?

With more investors buying gilts direct, should you take advantage of the higher rates on offer and how do you invest in UK government bonds?

Or should you choose a fixed rate savings account at 5.2 per cent instead.

A This is Money reader question highlights the worst inheritance tax trap that lies at £2million.

And finally, would you do a Rokos and move to Greece – and other than the weather what are the attractions?

Helpful links

To check the best mortgage rates you could apply for go to www.thisismoney.co.uk/mortgage-finder

To check the best savings rates go to www.thisismoney.co.uk/save