I would greatly appreciate it if someone could help me understand what the potential ripple effects of ub exiting the market on mortgage rates.
My fixed rate with them is up in a few months and I need to decide what to do. I have small kids and childcare expenses. I am currently on their 2.3% rate and can fix it again for either 2 or 4 years for 2.2%. Should I try fix it for as long as possible or the opposite? Are rates likely to go up with less competition and a potential post covid-19 recession?
My fixed rate with them is up in a few months and I need to decide what to do. I have small kids and childcare expenses. I am currently on their 2.3% rate and can fix it again for either 2 or 4 years for 2.2%. Should I try fix it for as long as possible or the opposite? Are rates likely to go up with less competition and a potential post covid-19 recession?