THIS week’s interest rate rise is a wake up call for all of us. This is time to think about rolling all personal loans and other debts into your mortgage. This means you will be repaying them at a lower interest rate, although over a longer term. Just make sure you are sensible with your credit cards and loans after consolidating. Fixing the interest rate on some or all of your loan will give you surety over the repayment amount for the length of the fifixed term. Any spare money you can add to your loan, such as a tax return, bonus or inheritance, can often make a signifificant difference to the overall loan term and/or the repayment amount. Most importantly, always factor in future rate rises.