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Not sure if to Switch
orangetiggs
Posts: 151 Forumite
We are currently on an abbey variable rate of 4.60% on our mortgage and i doubt we will see the new rate cut and the rate will bound to go up at somepoint this year
I have called abbey today and can get a two year fixed rate for 4.19% and this will take my payments down each month but wondering if they will change their fixed rates in the next month
Any ideas if to switch now or wait??
I have called abbey today and can get a two year fixed rate for 4.19% and this will take my payments down each month but wondering if they will change their fixed rates in the next month
Any ideas if to switch now or wait??
0
Comments
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Why 2 years ???
Are you coming into some money and going to clear the mortgage in 2 years !
What are they offering you over 5 years ??
Rates have never been so low
Do you want to pay the smallest amount you can each month or clear the debt you have on your HOME.
5/10 year deals give you security and time to repay a big chunk of the mortgage debt BUT WHAT THE HELL DO I KNOW !0
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