Last September I posted on here about breaking out of our 2 year fixed to get the new lower rate from AIB when they announced the changes.
We had just started a 35 year mortgage on a 2 year fixed at 3.6% but we were able to break out free of charge and refix for 2 years at 3.2.
Given the likelihood that rates will rise in the next 2 years or so and after we come out of our current fixed term, i'm wondering would it be sensible to request to fix for 3 years.
AIB's fixed rate for 3 years is also 3.2%.
Would love to hear any opinions on this.
Thanks
We had just started a 35 year mortgage on a 2 year fixed at 3.6% but we were able to break out free of charge and refix for 2 years at 3.2.
Given the likelihood that rates will rise in the next 2 years or so and after we come out of our current fixed term, i'm wondering would it be sensible to request to fix for 3 years.
AIB's fixed rate for 3 years is also 3.2%.
Would love to hear any opinions on this.
Thanks