Average 2 year fix is up to 6.63% according to the beeb. We fixed for 2 years at 5.05% starting August. Realistically, rates aren't going to come down much in that 2 years are they?
Yep - the current level of inflation is a catastrophe. Rates may need to go higher. Suspect once it's under control they will come down quick because higher rates have an agony of their own.
Average 2 year fix is up to 6.63% according to the beeb. We fixed for 2 years at 5.05% starting August. Realistically, rates aren't going to come down much in that 2 years are they?