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Jimmy Said:

Should i move my mortgage to a tracker rate now that Int rates have dropped in the UK?

We Answered:

Moving to a tracker rate won't necessarily make it cheaper. It just means it tracks the Bank Of England rate.

Sue Said:

Anyone know if the UK mortgage interest rates will follow USA's 1/2 percent drop?>?

We Answered:

If I knew that I would be making a fortune in the money markets.
My guess is a 1/4percent drop.

Jeanne Said:

what are the current average mortgage rates in the UK?

We Answered:

Yahoo UK finance pages are excellent for this.



http://uk.biz.yahoo.com/mortgage/index.h…

Gilbert Said:

Does my mortgage rate go down if interest rates are cut?

We Answered:

If your rate was artificially low, it will go up even if rates in general go down. Otherwise it will follow the market. /

Irene Said:

My Fixed Rate Mortgage Has Come To An End. Should I Get A New One Now Or Hope Interest Rates Fall Again?

We Answered:

run, not walk, to your bank and get a 15 year fixed rate loan. with all the stimulus borrowing (uk,eu,us) crowding out cosumer loan demand, it will be a very long time before you see anything near 5% fixed.