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Interest Rates

dexter1957
dexter1957 Posts: 1 Newbie
in Mortgages & endowments
I am on a base mortgage rate of 2.5%. There is talk about interest rates going up so would it be worth taking a fixed rate mortgage and does anyone have an idea of what the rise might be

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Is your mortgage guaranteed to track base rate at 2% above for the duration of the mortgage? Think long and hard before sacrificing this for what appears to only be short term gain.
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