To the people who’s fixed rate will expire in a few months and who couldn’t sleep due to worry. Was it worth it?
> Borrowers may feel they have to be patient for a little while longer yet before they commit to a new fixed mortgage, or even wait until next year to see how the market recovers from the recent interest rate uncertainty.
Most people don’t have the luxury of waiting when your deal is over.
Though it is good it’s coming down, everyone should be able to own a home and not have to pay a high interest rates.
Though on buy to let’s / second, third homes etc I’d be happy for them to pay a higher rate
I was offered 5 years at 5.5% but maybe i should wait on my remortgage.
3 comments
To the people who’s fixed rate will expire in a few months and who couldn’t sleep due to worry. Was it worth it?
> Borrowers may feel they have to be patient for a little while longer yet before they commit to a new fixed mortgage, or even wait until next year to see how the market recovers from the recent interest rate uncertainty.
Most people don’t have the luxury of waiting when your deal is over.
Though it is good it’s coming down, everyone should be able to own a home and not have to pay a high interest rates.
Though on buy to let’s / second, third homes etc I’d be happy for them to pay a higher rate
I was offered 5 years at 5.5% but maybe i should wait on my remortgage.