Saturday, 12 March 2011

Tracker mortgage vs fixed - which is better value? | This is Money

Tracker mortgage vs fixed - which is better value? | This is Money

Homeowners have been hungrily hunting down fixed rate mortgages on fears of a rate rise, but those willing to take some risk may be better off with a tracker rate.

Fix or track – what's happening?

The widening gap between tracker and fixed rates means that borrowers willing to take a gamble on interest rates not rising swiftly and squirrel away the savings could end up winning out.

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