http://www.mortgages-3.co.uk/index.php/archive/uk-mortgages-risk/ Essential UK Mortgage Information Thu, 01 May 2008 04:37:38 +0000 hourly 1 http://wordpress.org/?v=3.1.3 http://www.mortgages-3.co.uk/index.php/archive/uk-mortgages-risk/comment-page-1/#comment-2 Stephen Fri, 31 Aug 2007 21:37:59 +0000 http://www.mortgages-3.co.uk/index.php/archive/uk-mortgages-risk/#comment-2 The increase in interest rates over the last couple of years has meant that the average monthly repayment has gone up considerably. This is an important factor to consider when choosing a mortgage. There are always many fixed rate mortgage offer around and they have the advantage of giving you certainty in terms of repayment levels. The dissadvantage is that mortgage interest rates can go down as well as up and so you could end up paying above the market rate on a fixed interest mortgage. The increase in interest rates over the last couple of years has meant that the average monthly repayment has gone up considerably. This is an important factor to consider when choosing a mortgage. There are always many fixed rate mortgage offer around and they have the advantage of giving you certainty in terms of repayment levels. The dissadvantage is that mortgage interest rates can go down as well as up and so you could end up paying above the market rate on a fixed interest mortgage.

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