Hi
I am just looking for some advice.
We have been on a tracker mortgage for 12years. We are now mortgage approved for €200k. The house we are buying is €320k.
The bank rang me yesterday and asked did I want to remain on a tracker at 2.25%+1%=3.25% Repayment is €1095
Fixed for 3years at 3.30%=€1098 or fix for 5 years at 3.40%=€1011.
We have been very lucky to have a tracker up to now and normally I would have jumped at the tracker but wonder should I stick with the tracker or fix it for 3 or 5years. Just looking for your views on both.
Thanks in advance.
I am just looking for some advice.
We have been on a tracker mortgage for 12years. We are now mortgage approved for €200k. The house we are buying is €320k.
The bank rang me yesterday and asked did I want to remain on a tracker at 2.25%+1%=3.25% Repayment is €1095
Fixed for 3years at 3.30%=€1098 or fix for 5 years at 3.40%=€1011.
We have been very lucky to have a tracker up to now and normally I would have jumped at the tracker but wonder should I stick with the tracker or fix it for 3 or 5years. Just looking for your views on both.
Thanks in advance.