Laden question, this. I am currently considering remortgaging away from an interest-only product. I am looking at a fixed-rate mortgage and am wondering whether it might be a good idea to secure 2, 3 or 5-year fixed rates in the light of growing rates. But I would welcome some opinions on where people think rates are going. My own feeling is that global upwards pressure will overpower our own efforts to protect a very fragile housing market with gentle, benign, plannable increases. I think that this may be a mid-term phenomenon so am tempted by a five-year fixed rate. What do we think?