{"id":40439,"date":"2017-01-12T14:00:21","date_gmt":"2017-01-12T07:00:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/take-the-long-view-with-a-10-year-fixed-rate-mortgage\/"},"modified":"2017-01-12T14:22:50","modified_gmt":"2017-01-12T07:22:50","slug":"take-the-long-view-with-a-10-year-fixed-rate-mortgage","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/take-the-long-view-with-a-10-year-fixed-rate-mortgage\/","title":{"rendered":"Take the long view with a 10-year fixed-rate mortgage"},"content":{"rendered":"<p>&#013;<br \/>\nOlder more settled borrowers could benefit from a longer term, but watch those exit penaltiesExisting homeowners can lock into low interest rates \u2013 and sail through the Trump and Brexit years safe in the knowledge their mortgage will not rise \u2013 following the launch of a raft of attractive 10-year fixed-rate home loans.According to data provider Moneyfacts, the number of 10-year fixed-rate deals has soared from just eight three years ago to more than 120 now. In the meantime, the average interest rate on such deals has fallen from 4.2% to 3.2%. The cheapest 10-year deal, from Coventry building society, has an interest rate of just 2.59%. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2017\/jan\/12\/10-year-fiex-rate-mortgage-older-borrowers-exit-penalties\" target=\"_blank\">Take the long view with a 10-year fixed-rate mortgage<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Older more settled borrowers could benefit from a longer term, but watch those exit penaltiesExisting&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-40439","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-awf","jetpack-related-posts":[{"id":63204,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/extraordinary-interest-rates-on-10-year-fixed-rate-mortgage-deals\/","url_meta":{"origin":40439,"position":0},"title":"\u2018Extraordinary\u2019 interest rates on 10-year fixed-rate mortgage deals","date":"November 2, 2014","format":false,"excerpt":"\r Is a decade too long to tie yourself into a mortgage? Just watch out for early repayment charges, brokers warnTen years \u2026 it that too long to tie yourself into a mortgage deal? Lenders don\u2019t seem to think so and have started to launch decade-long fixed-rate deals with \u201cextraordinary\u201d\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-face-19bn-rise-in-mortgage-costs-as-fixed-rate-deals-expire\/","url_meta":{"origin":40439,"position":1},"title":"Homeowners face \u00a319bn rise in mortgage costs as fixed-rate deals expire","date":"January 4, 2024","format":false,"excerpt":"\r As many as 1.5m households are expected to face a mortgage payment hike this year as their fixed-rate deals come to an end\u2018Sleepless nights\u2019: UK homeowners fear impact of 2024 mortgage timebombHomeowners are facing a \u00a319bn surge in mortgage costs as millions more fixed-rate deals expire and borrowers are\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138410,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hope-for-homebuyers-as-rates-fall-on-uk-fixed-mortgage-deals\/","url_meta":{"origin":40439,"position":2},"title":"Hope for homebuyers as rates fall on UK fixed mortgage deals","date":"July 20, 2023","format":false,"excerpt":"\r Small drops in average rates for two- and five-year fixed mortgages follow easing of inflation rate in JuneBorrowers received a glimmer of good news after average rates on new two- and five-year fixed mortgages fell for the first time since May.News of the small falls came 24 hours after\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/risks-of-a-uk-housing-crash-rising-by-the-day-as-fixed-rate-mortgage-deals-end\/","url_meta":{"origin":40439,"position":3},"title":"Risks of a UK housing crash rising by the day as fixed-rate mortgage deals end","date":"July 5, 2023","format":false,"excerpt":"\r The tipping point for the economy could come if fixed-rate mortgages rise above 7%All things considered, Britain\u2019s housing market has held up pretty well so far in the face of a relentless rise in borrowing costs that has seen five-year fixed rate mortgages climb above 6%. House prices, according\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-mortgage-rate-for-two-year-fixed-deal-edges-closer-to-6\/","url_meta":{"origin":40439,"position":4},"title":"Average mortgage rate for two-year fixed deal edges closer to 6%","date":"June 15, 2023","format":false,"excerpt":"\r Nationwide is latest lender to lift cost of deals as borrowers brace for 13th successive Bank of England interest rate riseThe average rate on a new two-year fixed mortgage has edged closer to the 6% threshold, as Nationwide became the latest big lender to push through a significant increase\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138533,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-uk-lenders-cut-fixed-mortgage-deals-in-sign-rates-may-be-close-to-peaking\/","url_meta":{"origin":40439,"position":5},"title":"Big UK lenders cut fixed mortgage deals in sign rates may be close to peaking","date":"July 28, 2023","format":false,"excerpt":"\r Moves by Nationwide, HSBC and TSB come after fall in inflation eases fears over future interest rate risesBusiness live updates \u2013 latest newsSeveral big lenders including Nationwide, HSBC and TSB have cut rates on their fixed mortgage deals in a sign that home loan costs may be close to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40439"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=40439"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40439\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=40439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=40439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=40439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}