Fix now or wait?

markymark62

Any advice on whether going for a 2 year fix is a good idea. I can fix at 5.89% now - but some commentators seem to think that rates may come back down in the next 12 months?

sarkin

What will you do if rates dont come down? With the price of food and petrol rising inflation could be on the up and this will be a case of raising rates. I prefer 2 year fixed rates as you know where you are, and if they do drop you dont have long to wait until you remortgage. Hope this helps