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Fixed 5 years mortgage rates cheaper than 2 year ?
everfor007
Posts: 83 Forumite
I am first time buyer, just my offer got accepted. when i was looking into natwest, halifax rates, some of fixed 5 years product cheaper compare to 2 years.
Do you think upcoming years inflation increase which impact rate of interest hike?
Any demerit considering 5 years fixed? Any advise please.
Do you think upcoming years inflation increase which impact rate of interest hike?
Any demerit considering 5 years fixed? Any advise please.
0
Comments
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fix for five.....0
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If you might want to move before the 5 years are up, go for the 2 year fix to give you flexibility.
If you are pretty sure you'll want to stay in the property for 5 years, go for the 5 year fix.0
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