Bank Variable Rates Am I Misunderstanding Or Is It A Crazy Risk To Get A Variable/ Adjustable Rate Mortgage Now?
Am I misunderstanding or is it a crazy risk to get a variable/ adjustable rate mortgage now? - bank variable rates
If you have a variable or adjustable mortgage now taking the risk that reach 10-15% or greater at a high level of inflation and the central bank increases interest rates?
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3 comments:
It will increase.
With fixed rates so low is simply stupid, now preserved in the form.
It will increase.
With fixed rates so low is simply stupid, now preserved in the form.
Yes - but it may be cheaper in the short term for you ... if it remains at 1% or less low.
Yes, it's a gamble, but that's what makes life decisions in question.
If you fix your mortgage, for example, by 5% would pay more, until now, the mortgage interest rate rises above this value.
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