anotherdumbq
New Member
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- 4
Hi,
I have a loan with PTSB taken in 2021, it had a 3 year fixed rate term which finished earlier this year, so since then I was on the variable rate of 4.5%. I can't switch providers as currently not in full time employment (no issues with repayments!).
I got an updated valuation which brings me to lower LTV now.
Received a letter from PTSB with the offered rates for the new LTV.
Var. 4.4%
2 yr fixed 4.5%
3 yr fixed 3.6%
5 yr fixed 4.05%
7 yr fixed 4.5%
I'm a bit confused as to why the 3 year fixed is an outlier when comparing the 2 year fixed vs the 5 year fixed, does anyone know why this might be?
It's the one I'm considering at the minute, but just curious if there's something glaring I'm not considering?
Thanks
I have a loan with PTSB taken in 2021, it had a 3 year fixed rate term which finished earlier this year, so since then I was on the variable rate of 4.5%. I can't switch providers as currently not in full time employment (no issues with repayments!).
I got an updated valuation which brings me to lower LTV now.
Received a letter from PTSB with the offered rates for the new LTV.
Var. 4.4%
2 yr fixed 4.5%
3 yr fixed 3.6%
5 yr fixed 4.05%
7 yr fixed 4.5%
I'm a bit confused as to why the 3 year fixed is an outlier when comparing the 2 year fixed vs the 5 year fixed, does anyone know why this might be?
It's the one I'm considering at the minute, but just curious if there's something glaring I'm not considering?
Thanks