I bought a house last year for 270k my mortgage was 240k the house is now valued at 350k the interest rates rising is kind of freaking me out. so just wondering would it be better to get a fixed rate. i'm not too sure what way the fixed rates work but the way I understand it is that if your mortgage is <65% you get a better rate at the moment compared to the value of the house and what my mortgage is its 68%. Should I go about trying to get it fixed? I currently have a tracker mortgage and initially my interest rate was 3.15 its not 4.15. its nearly 200 extra a month. I bought the house on my own so it i'm a bit worried about it!