Spartacus
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- Messages
- 3,185
My mortgage is up for renewal next month. Interest rates are steadily climbing and have been since late last year. Now do I get a five years fixed at 2.91% for peace of mind or will a recession mean that interest rates will go down again to combat it? Personally I think they will continue to rise for the next couple of years and then start to come down again so a fixed 5 year would be the best as you are sure what you are paying every month and with the security of if there is a massive hike and the sh1t hits the fan you are safe.