Fixed or tracker

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Fixed or tracker

Postby Jamie Tucker on Mon Dec 15, 2023 9:38 am

Hi,

With the interest rate low should i get a fixed rate mortgage or a tracker?

What does a tracker do exactly?

Jamie
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Re: Fixed or tracker

Postby Broker Boy on Thu Dec 18, 2023 10:20 am

Jamie,

Trackers are probably best as long as the interest rates are dropping. Make sure you get an uncapped tracker.

Cheers,

Bob
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