BBCNEWS Outside Source June 4, 2024 20:22:00
With a vengeance now, and it's back to the days of, you know, panicking every time there's an unexpected bill. but with expectations that interest rates are close to their peak, mortgage brokers say more and more customers are looking at variable rate mortgages, rather than fixed rate, to benefit from falling rates. with a fixed rate mortgage, i you could lock in for a two—year, a five—year, a ten—year. obviously, the benefit of locking in for longer is that you know- exactly what you're monthly payments are going to be — the downside can be, _ if the market rates come down — | so if...