For the best mortgage rate in April 2012 contact Deal Direct.

If you are looking for the best mortgage rate, April 2012 is likely to bring a lot of new deals to the mortgage market place.

Deal Direct work hard to keep up with all market changes and therefore when you contact us we can advise you about the very latest products on offer.

Recently many lenders have increased their standard variable rates which has also affected any discounted rates that are linked to them. As a result you may be paying more than you have to.

So where do you start to look for the best mortgage rate for April 2012?

Tracker mortgages, unlike lenders standard variable rates, will only increase when the Bank of England base rate rises. If you are on a standard variable rate around 3.99% or even higher you could consider moving to a life-time tracker.

If you have reasonable equity in your home and could therefore qualify for a low loan to value deal, you may be able to get one that is free of fees and early repayment charges. This could give you flexibility to re-mortgage again when the Bank of England base rate finally rises.

There are also some good fixed rate deals if you prefer to have the security of a payment that does not change for the foreseeable future. You can choose a fixed rate for a period of 2 to 5 years or sometimes even longer depending on your circumstances.

With constant product updates Deal Direct can find the best mortgage rate April 2012 has to offer and most importantly, we could save you money.