Hi!
I'm currently on a 25 year fixed mortgage at 5.49%. I was thinking about chancing mortgages which looking at the numbers would save nearly £200 a month!! Or about 4 years.
But.... Is the 25 year fixed rate worth the extra as it is a nice security blanket knowing it will never rise.
I don't know what to do. Any advice would b appreciated. I know no one has a crystal ball.
Thanks.
I'm currently on a 25 year fixed mortgage at 5.49%. I was thinking about chancing mortgages which looking at the numbers would save nearly £200 a month!! Or about 4 years.
But.... Is the 25 year fixed rate worth the extra as it is a nice security blanket knowing it will never rise.
I don't know what to do. Any advice would b appreciated. I know no one has a crystal ball.
Thanks.