Are you on the best mortgage rate?
When purchasing a property, a homeowner can opt for either a fixed rate mortgage or variable interest rate mortgage. Either of which will impact how much your mortgage payments will cost, alongside what the terms and conditions of your mortgage lender are.
If you’re a first–time buyer or looking to move home, it can be overwhelming to get your head around the different payment plans of each mortgage. Here at Financial Foresight we can offer expert advice and guidance to help you decide on which mortgage rates are best suited to your personal needs.
1. Fixed Rate
Mortgages with fixed rates means your payments…