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fixed or tracker
[Deleted User]
Posts: 0 Newbie
My fixed rate runs out at the end of June (nationwide 5.19% 2yr). Are there any good 2 or 3yr fixed rates out there? Or should I go for tracker? I have heard that the BOE rate is likely to up and then down before the end of the year. nationwide tracker is 5.22% so tracks at 0.03% below the BOE rate (£599 fee but only £399 to me as an exisiting customer) and you can switch at any time to one of their fixed rates (no ERCs but need to pay the arrangement fee applicable for the fixed rate) - will it be worth doing this if the rates are likely to drop overall by the end of the year?
advice gratefully received!
advice gratefully received!
0
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