Mortgages: Dangers of being a FOMO customer as rates fall

Getty ImagesFalling mortgage rates may, at last, be bringing some relief to embattled homeowners and first-time buyers.In a market described as "frenetic", lenders are locked in intense competition for new customers while simultaneously trying to hold on to borrowers already on their books.On supposedly unlucky Friday the 13th alone, big-name providers such as the Nationwide, HSBC and NatWest reduced their fixed…