Following the news item today about PTSB rumoured to be thinking of making a move upwards on their interest rate should we be fixing now? Surely with reductions during 09 they can only go up in 2010?
I'm with KBC and their rates per their website are:
1 year fixed 2.40% APR 3.19%
2 year fixed 3.29% APR 3.30%
3 year fixed 3.69% APR 3.43%
Saverplus variable 2.45% APR 2.48%
Forgive my ignorance but why are APR's so different across the options above?
Of course the above are their new business rates. Are banks open to haggling? We may be slightly in negative equity.
The 3 year fixed looks like a good option, but I think it's too long to fix as you don't know what's down the road (if you have to remortgage due to a house move during the fixed term are you penalised?)
KBC also do Mix n’ Match Terms - is this recommended?
Thanks!
I'm with KBC and their rates per their website are:
1 year fixed 2.40% APR 3.19%
2 year fixed 3.29% APR 3.30%
3 year fixed 3.69% APR 3.43%
Saverplus variable 2.45% APR 2.48%
Forgive my ignorance but why are APR's so different across the options above?
Of course the above are their new business rates. Are banks open to haggling? We may be slightly in negative equity.
The 3 year fixed looks like a good option, but I think it's too long to fix as you don't know what's down the road (if you have to remortgage due to a house move during the fixed term are you penalised?)
KBC also do Mix n’ Match Terms - is this recommended?
Thanks!