Do I go for a 2 year fixed mortgage deal at 2.09% or a 5 year at 2.19%? Obviously the initial repayments are lower with the 2 year deal, but from what I understand is that we are still near the edge of the spiralling black hole of shit that the world is going into so the 5 year may be better overall?
We had a house purchase fall through when we had a mortgage deal at the mega 1% blip last year, now I feel more pissed about losing the mortgage offer than the house.
5 year. Inflation looks mad, I'd be amazed if mortgages are cheap in 2 years time. I'll be amazed if they are cheapish in 5 tbh, so get it while you can
More experienced home owning peoples.
Do I go for a 2 year fixed mortgage deal at 2.09% or a 5 year at 2.19%? Obviously the initial repayments are lower with the 2 year deal, but from what I understand is that we are still near the edge of the spiralling black hole of shit that the world is going into so the 5 year may be better overall?
We had a house purchase fall through when we had a mortgage deal at the mega 1% blip last year, now I feel more pissed about losing the mortgage offer than the house.