Summary
FIXED-rate mortgages are better value than 12 months ago compared with the average standard variable rate, according to a report out yesterday.
National estate agent Your Move says a borrower with a Pounds 100,000 interest-only mortgage could save Pounds 1,410 interest in the first year of the deal by switching from a typical standard variable rate (SVR) of 6.59 per cent to the best-buy, two-year fixed rate.See the full content of this document
Extract
Fix Up a Cheaper Home Loan
This is currently 4.68 per cent (see mortgage best-buy table above). A...
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