![From fixed to variable to paying a penalty, this is what you should do about your mortgage after rates shot up | The Sun From fixed to variable to paying a penalty, this is what you should do about your mortgage after rates shot up | The Sun](https://www.thesun.co.uk/wp-content/uploads/2022/10/TM-comp-MortgageRates.jpg)
From fixed to variable to paying a penalty, this is what you should do about your mortgage after rates shot up | The Sun
Wyke Financial - The main types of mortgages you'll hear about are, fixed rate, tracker, discounted & standard variable rate 👨🏻🔧 Fixed Rate - A fixed rate mortgage applies a consistent interest
![For tracker and variable mortgages, is the quoted initial rate fixed for the duration of the initial period? : r/Mortgageadviceuk For tracker and variable mortgages, is the quoted initial rate fixed for the duration of the initial period? : r/Mortgageadviceuk](https://styles.redditmedia.com/t5_595bqq/styles/communityIcon_1yyxp4n5ry491.png)