MSE News: Barclays' top 10-year mortgage fix is now cheaper than any two-year deals

Homeowners have increasing reason to consider longer term mortgages over shorter deals, as the cost of borrowing grows. Currently, the interest rate on Barclays' cheapest 10-year fix is actually lower than any two-year fix – a very rare situation. However, you'll need a decent deposit or equity to get this top rate, plus there are pros and cons to locking in for longer – here's what to watch out for.

Read the full story:

'Barclays' top 10-year mortgage fix is now cheaper than any two-year deals - here are the pros and cons of locking in for longer'

If you haven’t already, join the forum to reply.
Meet your Ambassadors

Categories

  • All Categories
  • 343K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.6K Spending & Discounts
  • 235.1K Work, Benefits & Business
  • 607.8K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards