Wednesday 11 January 2012

Should you take out a long-term mortgage? | Mail Online

Should you take out a long-term mortgage? | Mail Online

Homeowners looking for a new mortgage are being urged to consider longer-term deals rather than more traditional two-year offers.

Cheap rates are available on trackers and fixed deals and save homeowners the cost and bother of switching every two years. And they could also avoid sharp rises in interest rates when they do eventually start to go up.

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