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Slowly but surely banks are sneakily boosting their bottom line by squeezing savers while hitting homeowners with hike after hike in mortgage rates. It almost seems impossible that savers can get a worse deal than they have been for the past three years — but mark my words, we’re heading that way. Since January 1, mortgage rates on the best deals have increased by as much as 0.8 per cent, adding £792 a year to the cost of a loan. Read more: http://www.dailymail.co.uk/money/saving/article-2151736/JAMES-CONEY-Banks-squeezing-savers-hitting-homeowners.html#ixzz1wPTOkMaP