AIB Fixed Rate Ending

[Sweeper]

I was on a rate of 2.49% with AIB for my first year's mortgage payments, and I now must decide on what "product" to choose from the list available on their website under personal/mortgages/New-Mortgage-Interest-Rates

I am wondering if anyone can offer advice on where to go next? I understand that nobody can see into the future, but looking to see if there's any kind of consensus of opinion out there.

Thank you,
Sweeper

 

[Fiskar]

I'd say you are not on a tracker, therefore you could be paying a high variable rate of 3 to 4%. If they offer you a fixed rate it will probably be 3.5% or more.
Rates will in the long term go up but not dramatically in the short term. if you can afford to stay variable stay variable.

If you have a large mortgage and don't want to be constantly watching interest rates then fix for the short term (1 to 3 years). See what rates they offer and what you are comfortable paying or fixing for.