We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
MSE News: Top mortgage rates tumble again
Options
Former_MSE_Jamie
Posts: 98 Forumite
"The Post Office and HSBC have both launched the lowest ever two and five-year fixed mortgage rates ..."
Read the full story:
Top mortgage rates tumble again
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
Top mortgage rates tumble again
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
0
Comments
-
In case anyone wants to know the effective rate -
Based on a £100,000 mortgage initially repayable over 25 years but settled after 5 years, the effective rate will be about 2.97% over the 5 years.
Based on a similar £200,000 mortgage the effective rate will be about 2.86% over the 5 years.
Warning: In the kingdom of the blind, the one-eyed man is king.
0 -
If you believe in the ten year cycle, we will boom again in 2017, and start busting in 2018, no is therefore the perfect time to get a five year fix, for selling in 2018.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards