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5yr or 10yr fixed mortgage ?

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hatemydebt Posts: 9 Forumite

29 April 2018 at 9:30PM in Mortgages & endowments

Hi, In a couple of months we will need to remortgage as 2 yr fixed will come to an end. Want to lock in something longer this time round. Any views on what to do or advice on what to consider - re should we go for 5yr or 10yr fixed.

We can stretch to the extra couple hundred a month I expect 10 yr will cost us, but seems like a long time to be tied in.

Essentially - does anyone have a crystal ball re future interest rates?!

Thanks

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5yr or 10yr fixed mortgage ?

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