Mortgage - to fix or not to fix?!

Hi,
We've just completed our first year of mortgage and we're at a first time buyers rate of 2.4%.
We still haven't decided to stay on variable or to fix at 3.25% for 2 years.
This is the most we probably can afford (and at that we're probably gonna be broke!)
It will mean an extra jump of €164 a month in our mortgage.
Does anyone believe hanging around on a 2.75% variable rate for a few months, is a bit optimistic?!
We're with AIB and I get the feeling they're gonna start jacking up their rates in the next 6 months.
Any expert opinions/advice is appreciated before we just sign up for another 2 years.

Loads of info Kormak.

I would stick on the variable rate if I were you.
The 2 year fixed rate is unlikely to save you much - if anything.
If you can afford the higher repayments - then put the difference in a savings account each month and use that towards any increases if/when they happen.

www.*****************.com

Thanks,

I guess I'm just trying to predict the future like every other Mortgage holder in this country.
Gonna have another serious think about this for the next couple of weeks.
AIB are so gonna raise their rates regardless oh what ECB does?
Theyhave that sort of attitude!

Hi Norfbank. That link doesn't seem to be working- would you be able to repost it? Thanks