The Times - It is not too late to secure your dream home
Fixed-rate deals are popular with borrowers keen to lock in their monthly household spending. When looking at longer fixed periods, over five years, say there is a slight premium to pay so a tracker could work out cheaper if rates do not rise quickly.
Aaron Strutt, of Trinity Financial, says: "Deciding on a fixed or variable is always a gamble. Most of our clients are taking two, three or five year fixes at the moment."
April 19, 2014
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