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How to compare tracker rates on mse mortgage comparison
tbo127
Posts: 134 Forumite
When using mse mortgage comparison to compare tracker rates, is it best to compare the mse initial cost or the interest rate? Obviously the interest rate is variable and can go up or down but I don’t know if the interest rates (I.e. the BEBR+ x% figure) differ significantly enough between the different mortgage products that you should look at the interest rate instead of the MSE total cost (which I’m aware will also vary)?
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Comments
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What are you comparing it to? Other trackers?
You can't really compare a tracker to a fixed with MSE total cost because it's like comparing apples and oranges. The tracker will change while the fixed will not.0 -
Other trackers yes.0
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