Is 2023 the optimal time to remortgage and fix your interest rate? - Money To The Masses Making the choice to remortgage is significant, especially in a time of economic uncertainty. Currently, a lot of homeowners are contemplating whether it's the right moment to set their mortgage rate and for how long. Given that interest rates may continue to increase, a fixed mortgage might appear to be an attractive choice, offering property owners a sense of security and consistency in their monthly installments.