One World Built On A Firm Foundation
Music1 min ago
No best answer has yet been selected by tali122. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Well I don't see what else they can do. Rates go up and down, gawd knows what can happen in a 25 year period. I remember my mortage being 15.4% once, if someone had told me I'd be paying 4.5% in 2006 I'd have booked them into St Annes! "Variable" is the lenders way of saying they don't know.
Of course the customer can do their own research act accordingly. The history of the base rate is available readily on the net.