Right, so what are interest rates doing in the next 6, 12, 18 months?

My five-year fixed rate 4.7% mortgage ends at the end of the month. Do I fix again, with no fee, at 5.85% for 24 months (got to be the wrong thing to do???), or go on a tracker rate for a bit and see what happens?

I can get a discounted fixed rate for 24 or 36 months, but I'm f**ked if I'm stumping up a thousand pounds for the privilege.

Posted By: Arizona Bay, Sep 18, 22:52:33