So I'm 9 months in to a 2 year fixed rate. Am I fucked?
Dunno, but if you couldn't afford the mortgage payments on a higher interest rate, say 4-5%, or it would put you in to serious difficulty, it might be worth looking at a longer term fixed rate deal. Switching to a five year might give you the security you need, at cost you might consider reasonable. Talk to the bank you have the mortgage with first.
Like @Ramsaye says predicting the future is difficult, this isn't financial advice etc.
yeah I can't remember what our justification was to go for 2 years at the time, but I've had it nagging in the back of my mind pretty much since moving in. we certainly won't be moving again at the 2 year mark, and discussions here are turning the nag into genuine concern haha
Dunno, but if you couldn't afford the mortgage payments on a higher interest rate, say 4-5%, or it would put you in to serious difficulty, it might be worth looking at a longer term fixed rate deal. Switching to a five year might give you the security you need, at cost you might consider reasonable. Talk to the bank you have the mortgage with first.
Like @Ramsaye says predicting the future is difficult, this isn't financial advice etc.