Hi
Thanks for previous answers. I have a follow up question to this which might be a bit of a challenge to work out!
I want to work out a 'correct decision %' in 5yrs time from the start of my mtg. i.e. if in 2015 the rate is 6% i was right to make the 5yr fixed rate at 5.28%, or maybe if it is 4.3% i would have been better off not fixing.
Bit of a challenge and not entirely sure that this is calculateable given the number of mtg products on offer?
Thanks kindly