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Thread: Mortgage advice - should I go for a 2, 3 or 5 year fixed rate?

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  1. #1
    Master Rocket Man's Avatar
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    Jun 2013
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    Mortgage advice - should I go for a 2, 3 or 5 year fixed rate?

    I'm about to come to the end of a 5 year fixed term deal. I've been offered another 5 year fixed rate that is 1% lower than the current market rates.

    Does a 5 year fixed rate make sense in the current economic climate or would it be wiser to take out a shorter deal (at a higher rate)?

    Thanks in advance.
    Last edited by Rocket Man; 4th September 2023 at 18:14.

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