Existing borrowers on tracker mortgages in particular have benefitted from falling monthly mortgage repayments of, on average, £150 a month, since October. All well and good, but only 28% of borrowers took a tracker deal in quarter three of this year, and it is fixed rates that are the mortgage of choice for 60% of borrowers, according to the Council of Mortgage Lenders.
What's around for fixers, courtesy of the Fool.
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