I have my mortgage got but the bank offered me a 3 year fixed.?

bank is charging a half % for a 3 year fixed. is it worth going for this or instead taking the tracker?

Answers:
Fixed is much better. You get a good deal for 3 year fixed then when that period is up simply look round for the cheapest option again.
I think it is worth getting the fixed. The rate % are going up right now it is best to lock in where you can. especially if you meant 30 year not 3 year. even if they charge you the .5%. I locked in at 6.125 in Feb now. i would get aroudn 7.5% in July. I really think it would be worth it.
take the fixed,at the end take another until you feel it no longer is a good point,interest rates in the UK will stay static for some time,so don't let the point of rising rates be a point to bear in mind, a tracker is good to,the stock market in the UK stands to rise over the next year
fixed is much better

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