Key issue:
Choosing a lender
Case study:
Tracker Rates
Date:
2004-01-11
Mortgage amount:
Various

Outcome

Tracker rates can offer best long term mortgage

Detail

Our research has indicated that many borrowers in the Irish mortggae market are choosing fixed rate options as opposed to tracker rates. The key questions that must be considered are(a)The cost comparison during the fixed rate period and(b)the options available at the end of the fixed period.Some lenders currently offer a move to a new fixed rate or a move to variable but not to the cheaper tracker rates. Our mortgage consultants will provide you with all the various options available after the end of fixed rate terms and will work with you to compare various alternatives given certain interest rate assumptions.

 
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