C
conman
Guest
Tracker + Deposit with NIB. Should I pay off Tracker?
Hi Everyone,
I have a tracker mortgage and also substantial deposit with NIB(part of Danske Bank regulated by Danish authorities). If Ireland leaves the Euro and re-adopts the punt does anyone know will I still be stuck with a Euro mortgage but a devalued deposit? Should I therefore pay off as much of the mortgage as I can now? Given the tracker rate is so good I hadn't intended paying it off as the deposit rate is higher than the mortgage( by about 1%).
Thanks and great posts.
Hi Everyone,
I have a tracker mortgage and also substantial deposit with NIB(part of Danske Bank regulated by Danish authorities). If Ireland leaves the Euro and re-adopts the punt does anyone know will I still be stuck with a Euro mortgage but a devalued deposit? Should I therefore pay off as much of the mortgage as I can now? Given the tracker rate is so good I hadn't intended paying it off as the deposit rate is higher than the mortgage( by about 1%).
Thanks and great posts.