To change mortgage interest rate or not

Audrey

Registered User
Messages
293
As my current rate option will end soon, PTSB have written to ask if I'd like to switch rates. Options are standard variable (4.35%), tracker variable (4.35%) or fixed rate (varying according to term, but examples would be 4.45 for 1 year fixed, 4.85 for 3 year fixed, 5.15 for 7 year fixed etc). I'm considering fixing, just because interest rates have increased a couple of times in the recent past, and anticipating that this will continue. I know that nobody can truly forecast how interest rates will go, but anybody got any thoughts on whether fixing is a good thing in the current economic climate??
 
Have you read the many existing threads on the fixed versus variable/tracker issue? Are PTSB among the most competitive lenders for your situation in the first place?
 
Have you read the many existing threads on the fixed versus variable/tracker issue? Are PTSB among the most competitive lenders for your situation in the first place?
Will read those threads now - ta.
A
 
Back
Top