Choosing a mortgage with a discounted penalty can sometimes be equivalent to a 0.1 to 0.2 per cent interest rate discount up front — or more. (theglobeandmail.com)
If you have a mortgage of # 100,000, just a 1 per cent interest rate rise would mean an extra thousand pounds to pay each year. (politics.co.uk)
You can probably qualify for a five - year fixed rate mortgage today somewhere around 2.5 or 2.6 per cent interest rate as long as your credit is good. (remonline.com)