Making a mortgage comparison is important in a fluctuating market.
A mortgage comparison is becoming more difficult, with some lenders rates rising and other lenders cutting rates.
Predictions by economists that the base rate will remain low for sometime can also be of influence, when comparing tracker and fixed rates. Get helpful advice from an expert at Deal Direct, we can help you compare products and rates throughout the mortgage market.
If you are certain of the type of product you want, then comparing like for like products may seem relatively straight forward. However with a large number of lenders in the market offering different variations on similar products, expert advice can really help with the details.
To get the best deal for your individual requirements you may also need to compare different types of product. Here the mortgage comparison becomes more complicated as you need to look at the features that affect each type of mortgage, not just compare the rates.
One of the more difficult products to compare is an offset mortgage because how much it costs is dependant on a variable level of savings, that are offset. Sources suggest that offset mortgage rates are increasing so the amount of savings you have compared to the size of your loan can be more significant.
For a mortgage comparison that takes account of your personal circumstances, as well as the best offers on products throughout the market, call Deal Direct.
