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Hi,
I'm one of the lucky people to have an ECB tracker mortgage with KBC and I'm hearing that interest rates are due to increase around the autumn. Should I stay with my tracker mortgage or should I switch to a fixed rate before the increases come in?
Can I write to KBC and request that on the day that the ECB announce their intention to increase their interest rates, they switch me from a tracker mortgage to their current fixed rate before any increases come in - would they do this? Am I just chancing my arm?
I got a 35 year mortgage of 300k and am only in year 5 of it.....
Thanks!
I'm one of the lucky people to have an ECB tracker mortgage with KBC and I'm hearing that interest rates are due to increase around the autumn. Should I stay with my tracker mortgage or should I switch to a fixed rate before the increases come in?
Can I write to KBC and request that on the day that the ECB announce their intention to increase their interest rates, they switch me from a tracker mortgage to their current fixed rate before any increases come in - would they do this? Am I just chancing my arm?
I got a 35 year mortgage of 300k and am only in year 5 of it.....
Thanks!