Owning your own home

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chrisbmx116

Whats the hive mind thoughts on Mortgages atm? Get the fuck locked in for as long as possible because interest rates are only going up? Looking at a 5 year fixed repayment atm.

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Brommers in reply to @chrisbmx116

What are the chances you'll want to/have to move/sell in the next 2/3/5 years? If the answer is "feck all" then I'd go for 5 year fixed. There's really nowhere for rates to go down to, so the only way is up. If you might want to/have to move/sell then all bets are off.

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