Hundreds of thousands of households are currently deliberating what to do when their fixed mortgage deal comes to an end. Between July and the end of December this year, an estimated 900,000 ...
When it comes to fixed income investments, it’s all about balancing yield with risk. Generally, riskier bonds and creditors pay more in interest, and therefore bondholders get a higher yield.
Last May, I had a post asking “Should We End the 30-Year Fixed-Rate Mortgage?” That post featured the graph above illustrating how the significant interest rate risk of 30-year mortgages contributed ...