What are tracker mortgage rates and who might tolerate the disadvantages?
By Contributor • Jan 26th, 2009 • Category: MortgageCurrently in the financial news a lot of recent times are the tracker mortgage rates. The theory goes with these mortgages that they will always exactly follow, or track, the Central Bank’s announced base rate. Every time it increases or decreases, the tracker rate mortgage is expected to move in exactly the same wayat the [...]
