Print

Please login or register.
1 Hour 1 Day 1 Week 1 Month Forever
Login with username, password and session length

[Danny]

so even the tracker has a downside

if i get a fixed rate that isnt dangerously expensive meaning i know what's coming out of my account each month and its still very affordable, it's less risk to me

[Jay w]

so even the tracker has a downside

if i get a fixed rate that isnt dangerously expensive meaning i know what's coming out of my account each month and its still very affordable, it's less risk to me

and when you come out of the fixed rate period and the interest rates have gone up that's when you feel it.....

that's what has caused some of this credit crunch, people coming out of fixed rates, their payments being very different and not having the money to pay the difference and also their not being many new fixed product on the market.

We have looked at trying to tie our mortgage down to a fixed sum, and i have finally given up, sticking with SRV currently, as soon as we find a product the company take it off the market  

[Martin_1962]

Last time I avoided fixed rate due to end of term thingy, just waiting for another 1.5% drop