bomber130
bomber130
- Jun 10, 2011
- 1,908
Have just been given a quote on a new mortgage and not to sure what to do. My offer is £760.00 per month on a 2.19% tracker rate or £820 at 3.19% on a five year fixed. This is to borrow £111,000 over 14 years. Am inclined to stick with the five year fixed as I know what I'm gonna pay and don't need to worry about interest rises. However Does anyone think the rate tracker rate will go above 3.19% (banks rate) over the next five years. Any help/advice would be appreciated.