LouisCribben
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LouisCribben have you contacted your bank in Germany to ask them what the cost of breaking out of the fixed rate would be? Also have you checked to see if you could get a better deal? Or are you basing this on an understanding of the Irish market rather than the German market?
- the bank manager said he personally can see rates rising to about 4.7% or so by the end of 2010, he reckons there will be 2 percentage rises this year -
You are borrowing at a rate lower than one which the Irish government could secure.
Be happy.
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