with Fixed-rate mortgages
Since these last few months fixed-rate
mortgages were on the rise, analysts have found out that this
type of mortgage deal is now getting cheaper.
Figures were proved by Moneyfacts.co.uk
the financial comparison website that this type of mortgage deal
is coming back on the favourites.
Mortgage analyst at Moneyfacts Denise
Blake said, "Following the shock base rate rise in January,
fixed-rate mortgages flew off the shelves as consumers rushed
to get their hands on existing fixed-rate deals before they were
"But with base rate remaining
unchanged now for the last two months, some level of stability
In the last 10 days nearly 8 lenders
have created their fixed-rate mortgages up to 0.4 per cent more
cheaper. Discount rates are still much more cheaper than fixed-rate
mortgages stated Moneyfacts..
Browsing through Moneyfacts greatest
deal discount rate you can come across a deal as good as 4.73
per cent. With a fixed-rate deal it could cost up to 5.25 per
cent which is more expensive.
Free Mortgage Enquiry