what mortgage deal should we go for?
so confused and bamboozled.
we are just about to come to the end of our fixed rate deal with the northern rock. we were going to go for a fixed rate deal with abbey at 5.09%. but the northern rock standard variable rate is now 5.09%.
so do we…
go with the abbey and pay the £1000 admin costs
stick with northern rock, avoid the costs and see what interest rates do
or go with a shorter fixed rate deal and take advantage of the lower interest rates (but then we have the re-fixing hassle and costs again in 2 to 3 years)
life used to be so simple!!!
Whatever you do
do not get a variable rate
you will lose your home to foreclosure
interest rates will go up and they will go up high
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Abbey $39.99 Abbey |
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The Abbey $24.09 The Abbey |
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It’s Not about Rate : The Right Way to Get A Mortgage $12.63 No Synopsis Available |
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