News Tag: monthly repayments
June 29, 2009
The tracker versus fixed-rate dilemma that currently faces homeowners has been investigated by moneysupermarket.com, with the odds laid out as follows:
Mortgage borrowers on tracker rates saw their monthly repayments fall substantially, as the base rate plummeted to 0.5%.
However, further falls in the base rate are unlikely whereas a rise is inevitable, probably by the end of the year.
This prospect makes the idea of a ...
Tracker/fixed-rate dilemma unravelled
by Gill Montia
