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but now might be a good time to wait a few months
Hah, yeah, I did that, then interest rates went up again - and does anyone think they are coming down this year, now?
I'm also totally beholden to my current provider as my mortgage is in two bits, one part (the smaller, thankfully) rolling over end Jan, the other bit rolling over Jan 2025. The SVR is currently 6.25%, and they can offer me a fixed two year no fee at 4.8%.
HAPPY DAYS
Howard
@NickCJ
When you compare mortgage rates to swap markets, they have done the "up like a rocket, down like a feather" thing. Put another way, the money market has almost normalised post-Truss whereas the mortgage market hasn't.
I don't usually say this, but now might be a good time to wait a few months (but then fix for 5 yrs if you aren't going to move). You might see the swap-mtge spread reduce a bit.