So it looks like the interest rate is going up by 0.5% today. Should I still take out a 5 year fixed mortgage if I can get it in today ? Or is this a rise before they come down again ?
Au contraire.You are so refreshingly contrarily nonconformist Wattie! As @MarkMas says, depends on your risk appetite, and yours it definitely higher than most!
Eb
Depends on your bank.Out of interest, how long after the rate rise announcement do the actual rates go up ?
Out of interest, how long after the rate rise announcement do the actual rates go up ?
3.4% is the best I can get on a fixed 5 year . Is that good or bad?