Dan_The_Man
Registered User
- Messages
- 58
Certainly not the biggest issue out there right now, but a real one for a friend of mine.
He just (last 2wks) fixed again with existing lender for 3yrs on Mortgage ...2.9%.
Like many starting to fret about his income and thinks rates may go lower soon and he could have gotten a better deal.
(lower due to some sort of corona stimulus measures ..ecb, bank or gov help)
1.Are fixed rates likely to go lower from Irish banks for existing customers?
2. If he is willing to chance it ...Can he now scrap the deal he signed 2wks ago and wait and see (would temporarily be on variable rate 4.0% I think).
In a nutshell is there a cooling off period for this type of transaction?
He just (last 2wks) fixed again with existing lender for 3yrs on Mortgage ...2.9%.
Like many starting to fret about his income and thinks rates may go lower soon and he could have gotten a better deal.
(lower due to some sort of corona stimulus measures ..ecb, bank or gov help)
1.Are fixed rates likely to go lower from Irish banks for existing customers?
2. If he is willing to chance it ...Can he now scrap the deal he signed 2wks ago and wait and see (would temporarily be on variable rate 4.0% I think).
In a nutshell is there a cooling off period for this type of transaction?
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